I had almost forgotten that Microsoft was supposed to launch their iTunes Music Store killer this year, perhaps even their own player (but more likely to be co-launched with some hungry electronics conglomerate). What ever happened to that?
Now we know.
Reuters reports that Microsoft has stopped licensing talks with the big 4 music labels.
The most informative note in the article was this one:
According to several people briefed on the matter, the labels separately were seeking royalty payments of $6 to $8 per user, per month. People close to the labels say that is in line with what existing subscription-music services pay, the Journal reported.
