Ringtone Revenues Under Threat From Cover Versions

The fledgling yet lucrative master recording ringtone industry is in danger of being substantially damaged by third-party aggregators planning legal cover versions, at least in UK. Such a move would not be illegal as long as the aggregator paid the standard blanket licensing fee to the UK collection societies MCPS/PRS.

The record industry said it’s prepared to take on anyone who tries to ‘pass off’ its artists’ works.

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