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Universal Sees MySpace Settlement, Mobile Song Prices Drop, And Wants iPod Royalties

Universal Music Group CEO Doug Morris wants it all…being the world’s largest music label kinda helps too. Speaking today at the Reuters Media Summit, he mentioned that UMG expects to reach a settlement with MySpace, which the company sued for copyright infringement. That’s kinda obvious: no one wants to drag it, much less the labels now. Then he said he may try to fashion an iPod royalty fee with Apple in the next round of negotiations in early 2007, similar to what it did with Microsoft’s Zune, though in fairness it seems he was asked a leading question on that.
Addressing his lawsuit-happy image, he said: “I am not going to allow any of the people to infringe upon the rights of these artists and songwriters. That