The company has agreed to pony up to each of the four largest record companies between $25 million and $50 million in advance royalty payments, according to the New York Post.
Originally posted at Media Maverick
Source: http://news.cnet.com/8301-31001_3-20068655-261/report-apple-to-pay-music-labels-big-advances/?part=rss&tag=feed&subj=News-Apple
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