The group has recently opened up signups and now has 12,000 labels supporting its cause for better conditions for their artists.
The labels under Merlin hope to "both speed up negotiations for licensing and posting music at online stores as well as to secure better deals." The group feels that a larger representative will most "likely secure better royalty terms and use rights than by themselves."
According to the report, deals are in the making with "existing music services" including the not-yet opened MySpace Music and the market leader iTunes.
Written by: Andre Yoskowitz @ 5 May 2008 18:28