How much for your catalogue?

Nokia has denied that it's paying $35 a handset to Universal to allow its customers access to their back catalogue:

"That is not true. We are not paying that amount to any record label," said a spokeswoman at the Finnish phone giant.

So, it's going to be paying less, then - and, that it feels the need to deny that figure, we can only conclude that the actual amount is some way shy of $35. Twenty bucks, perhaps? But if Nokia is only pay ten quid for every song in the catalogue, how much will the artists - who, remember, are the people the majors say they care about the most - see from the deal? They'll be no better off than if the tracks were just sucked off the peer-to-peer networks, surely?