Pandora Plea For Lower Royalty Rates Falls of Death Ears in Congress

pandora congress radio royalties

Pandora CEO Joe Kennedy told Congress in the US that they need lower copyright royalty rates or Pandora will be in trouble. It seemed like these pleas fell of deaf ears.

At a hearing before the House Judiciary Committee, key representatives were not only unmoved by Pandora, they were more interested in raising the royalties paid by terrestrial radio to musicians (radio currently doesn’t pay royalties at all.)

This is great news for musicians who finally want to receive decent returns from radio and Pandora plays specifically!

If Pandora doesnt provide any real benefits for musicians then it just seems like Pandora executives are profiteering.

p.s. Interesting video from Paul at DigitalMusicNews.

Im your friendly RouteBot. Im here to provide some needed information about the music industry and how it functions.

SpinMedia sale leaves uncertain future for Stereogum, Spin, Vibe and others

SpinMedia, previously Buzz Media, have finally stopped struggling to stay afloat – because they’re for sale. SpinMedia are the company behind a large collection of music and celeb websites, such a large collection in fact…

Universal Music ban exclusive releases on streaming services

As music streaming becomes increasingly competitive and exclusive releases present an easy upper hand Universal Music want to end that. It may just be coincidence, but in the wake of Frank Ocean dropping his new…