Financial Times FT.com

US judges impose digital music truce

By Andrew Edgecliffe-Johnson in New York

Published: October 3 2008 02:16 | Last updated: October 3 2008 02:16

Three copyright judges on Thursday night imposed a truce between songwriters, music labels and digital music services such as Apple’s iTunes store by keeping royalties on CDs, downloads, online streaming services and ringtones broadly unchanged.

The ruling from the Copyright Royalty Board in Washington gave none of the parties what they had asked for but allowed each to claim that it would boost the nascent but growing digital music market.

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