royalties
Settled:Apple licenses patents from Nokia
Nokia and Apple have decided to end their ongoing litigation. The agreed-upon result is Apple will pay Nokia a one-time fee plus ongoing royalties for the license. Terms of the agreement were not disclosed but Nokia added the result will have a positive impact on cash flow in Q2 for Nokia. “We are very pleased more »
Pandora hit with soaring royalty fees; Is shutting down their only option?
Pandora, the ad-supported internet radio service that builds stations off of your personal taste, sounds it may shut down in the near future. Due to high royalty costs from the labels, that may be their only option. According to the Washington Post, Pandora founder Tim Westergren doesn’t seem too confident the company will survive.
“We’re approaching a pull-the-plug kind of decision…This is like a last stand for webcasting.”
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