Pandora Survives The Royalty Rate Hike Scare As The Web IV Verdict Goes Its Way

As per the earlier CRB guidelines, the Internet radio company was increasing its royalty rates by $0.0001 every year and the latest verdict reflects an increase of just $0.0003, while many expected it to be much higher, thanks to SoundExchange?s proposal of $0.0025. Also, the increase beyond 2016 through to 2020 will be based on the consumer price index, which somewhat indicates that it could be much less than $0.0003 every year. Interestingly, subscription based royalty rates were actually lowe...