Yahoo, Gracenote brings you Largest Lyrics Database
At present on the net there are hell lot of sites distributing lyrics, not legally of course. Yahoo's
song lyrics, in contrast, are supposed to be the official versions. Under the licensing agreement, Yahoo will share with copyright holders the revenue from the ads that will be displayed alongside the lyrics.
The 400,000 song lyrics included in Yahoo's database span about 9,000 different artists, ranging from old standbys such as The Beatles and Bob Dylan to more recent stars like Radiohead and Beyonce.
Gracenote Chief Executive Craig Palmer said licensing lyrics should boost worldwide music publishing revenues, estimated at about $4 billion annually, with the words to songs ultimately providing as much as $100 million in annual revenues in about 10 years as the market expands with new opportunities like online subscriptions, downloads and automotive distribution deals.
Yahoo, Gracenote launch lyrics service [Reuters]
Yahoo expands its online music section [USA Today]