WMG Wants More Pay To Play
August 7, 2008 at 7:24 AM (PT)
WARNER MUSIC GROUP said on TODAY (8/7) that video game makers will need to pay more to license songs for music-based video games like "GUITAR HERO" and "ROCK BAND," reports REUTERS.
WARNER MUSIC CEO EDGAR BRONFMAN drew comparisons between MTV's launch 25 years ago or APPLE's iPOD launch five years ago, and TODAY's video game companies like ACTIVISION BLIZZARD INC and HARMONIX, a unit of VIACOM INC.
"The amount being paid to the music industry, even though their games are entirely dependent on the content we own and control, is far too small."