Nokia Denies Paying Universal Music Group High Fees For Comes With Music
By Staci D. Kramer - Fri 18 Apr 2008 11:02 AM PST
Nokia (NYSE: NOK) is denying reports—including ours—of a deal to pay Universal Music Group $33-35 per handset for access to its music on the handset maker’s upcoming Comes With Music. THR reported the $35 figure; we reported it was closer to $33.50. We also reported that there is a cap for that amount—up to 2.5 million handsets—and that a volume discount then kicks in.
Nokia rejected the pricing reports, telling IDG that it “is not true. We are not paying that amount to any record label.” But it also appears the company was replying to reports that the fee would be paid for every handset, which is not the case. The company declined to provide any specifics.
Nokia has a music event next week, which could shed some light on Comes With Music—although probably not these kind of details.
Posted in: Countries, UK & Europe, Entertainment, Music, Mobile
Tags: comes with music, nokia





