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Nokia Denies Paying Universal Music Group High Fees For Comes With Music

This story was written by Staci D. Kramer.

Nokia (NYSE: NOK) is denying reportsincluding oursof a deal to pay Universal Music Group $33-35 per handset for access to its music on the handset maker's upcoming Comes With Music. THR reported the $35 figure; we reported it was closer to $33.50.  We also reported that there is a cap for that amountup to 2.5 million handsetsand that a volume discount then kicks in.

Nokia rejected the pricing reports, telling IDG that it "is not true. We are not paying that amount to any record label." But it also appears the company was replying to reports that the fee would be paid for every handset, which is not the case. The company declined to provide any specifics.

Nokia has a music event next week, which could shed some light on Comes With Musicalthough probably not these kind of details. 

By Staci D. Kramer

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