The Copyright Royalty Board set Pandora Media's royalty rates for years until 2015, when SoundExchange, an independent body representing the music industry, proposed a 66% increase in the company's per performance royalty rates for 2016. Both the parties have submitted their arguments with the Copyright office and the final verdict on the 'Webcasting IV' proceedings will be out by December 16th. Pandora is not profitable with the rates it currently pays to artists and song writers, which they fe...
The Copyright Royalty Board set Pandora Media's royalty rates for years until 2015, when SoundExchange, an independent body representing the music industry, proposed a 66% increase in the company's per performance royalty rates for 2016. Both the parties have submitted their arguments with the Copyright office and the final verdict on the 'Webcasting IV' proceedings will be out by December 16th. Pandora is not profitable with the rates it currently pays to artists and song writers, which they fe...
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