WWW.COM Signs Agreement With RIAA
WWW.COM (http://www.www.com) announced that it has signed an agreement with the Recording Industry Association of America (RIAA) to webcast songs produced by the major record labels.
Under the terms of the RIAA agreement, WWW.COM will pay royalties to artists and labels for all music streamed via the Internet to audiences throughout its network.
In a statement today, WWW.COM chides MP3.com which they say "simply took music to which it had no rights and is now operating under the cloud of recording industry litigation." The RIAA filed suit against MP3.com alleging copyright infringement against its Beam-It service which "beams" CDs automatically to a user's MP3.com account for streaming access. MP3.com filed its own suit against the RIAA last week charging the organization with unfair business practices.
"We are thrilled to sign the agreement with RIAA," said Scott Purcell, president and founder of WWW.COM. "Our company will help artists and record labels reach the broadest possible audience. And this agreement means those same artists and labels will fairly share in the benefits of these new services."
WWW.COM is a music webcasting company that provides turnkey solutions for customers.