Tag: NMPA

Some began as a hobby, but now, many of the websites that publish song lyrics bring in serious revenue. For example, Metrolyrics.com, which is owned by 24-year-old Milun Tesovic, hauled in about $10 million last year. According to The New York Times, songwriters and music publishers are now grappling with how to grab their share of these profits. However, it's not easy for them to collect ...

The music industry, as it continues to hemorrhage money, has been on a rampage against pirates and file-sharing sites. Just within the last two months, one woman was ordered to pay roughly $2 million for illegally downloading 24 songs, and a Boston University student was fined $675,000 for "stealing" 30 songs. Industry professionals have apparently now shifted their focus from the music thieves ...