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EBay said Tuesday that Marc Andreessen has joined its board. Andreesen, who was a co-founder and a principal architect of Netscape Communications and later served as chief technology officer of America Online, which acquired the pioneering browser firm in 1998.
Andreessen also founded Opsware, formerly known as LoudCloud, a provider of data-center automation software that was acquired by Hewlett-Packard in 2007. His most recent endeavor is as co-founder of Ning (he's pictured here with Ning co-founder and CEO, Gina Bianchini), an Internet company developing a 'next-generation platform for social networking' that allows anyone to build 'your own social network for anything.'

'Marc is a true visionary whose experience will be invaluable to eBay,' said John Donahoe, eBay's chief executive officer. 'We look forward to learning from Marc's insights and expertise as we drive further innovation on our platform, invest in growth opportunities and develop technology that will further benefit our customers, build powerful communities and enhance e-commerce.'

No word on which, if any, committee's of eBay's board Andreessen will serve.

In a deal reached last week, industry players agreed to pay songwriters and their publishing agents 10.5 per cent of all revenue made from interactive streams and limited downloads offered by subscription services like Rhapsody and Napster - minus roughly five per cent paid in performance royalties.
The copyright rate for CDs, ringtones and permanent digital downloads remained unresolved partly because they accounted for far more in sales - some $9.1 billion, or about 90 per cent of the music business, according to the RIAA.
Writing to the board last year, Apple's vice-president of iTunes, Eddy Cue, argued that the store's price of 99 cents per song was not flexible so raising the royalty could jeopardize the iTunes store's profitability.
'If (the iTunes store) were forced simply to absorb any increase in its mechanical royalty rate, the result would be to significantly increase the likelihood of the store operating at a financial loss,' Cue said.
'Apple has repeatedly made clear that it is in this business to make money and most likely would not continue to operate (the iTunes store) if it were no longer possible to do so profitably.'
Apple contended that it can't raise iTunes prices to compensate for higher royalties because the store is competing with pirated music available for free.

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