In Russia, take up online music stores

    The company ChronoPay, which processes payments by bank cards on the Internet, from April 1, 2007 will stop serving chain stores that sell mp3 music.

    ChronoPay will continue to work only with stores licensed by NP FAIR (Federation of copyright holders for collective copyright management when using works in an interactive mode). Now many sites sell music based on a license from the Russian Society for Multimedia and Digital Networks (ROMS), a company that does not make payments to copyright holders. In addition, a representative of ChronoPay said that the company will not work with stores that have both licenses.

    According to the version of ChronoPay itself, 95 percent of payments for music on the Internet go through this company. In particular, it serves resources such as, and Now stores are offered three options: obtain a license from the FAIR NP, refusing to work with ROMS, conclude direct agreements with record companies or use the services of other processing companies.

    Based on materials from Kommersant

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