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SoundExchange Strikes Deal to Keep Web Radio Alive
Contentinople: —
... of Webcaster revenues, according to The New York Times . However, licensing fees are now much more manageable, having been reduced by about 40 percent to 50 percent per song , Pandora CTO Tom Conrad tells TechCrunch .
Pandora Will Live On, At a Price
Technologizer —
... The station is “finally on safe ground with a long-term agreement for survivable royalty rates,” Pandora CTO Tom Conrad told TechCrunch today. SoundExchange, which collects royalties for rights holders, agreed to a 40 percent to 50 percent reduction in per-song-per-listener rates in exchange for 25 percent of Pandora’s revenue, through 2015. ...
Pandora stays alive by reaching workable royality rates
Download Squad —
... profit in the near future. The effect on listeners is going to be fairly small. If you listen to over 40 hours a month of Pandora, there'll be a 99 cent charge that buys you unlimited listening for the month.If you're a Pandora One subscriber, you still get unlimited listening with no new charges. This agreement is in place until 2015. Other "pure play" music services like Pandora will be operating under the same deal, but there are carve-outs for small webcasters. [via TechCrunch] Pandora stays alive by reaching workable royality rates originally ...
Pandora orchestrates workable royalty rates for internet radio industry
Obsessable News Feed —
... subscription tier. Pandora CTO Tom Conrad said the rates are still "expensive," but "workable." He says the service should still be on track to reach profitability by next year. ...
Internet Radio Gets a Break, Pandora Adds $0.99 Fee
Maximum PC all RSS Feed —
With the threat of streaming rates for Internet radio rising to levels far above what many services could afford to pay, the future of Pandora and other Internet radio outlets remained very much in limbo. That's no longer the case, at least for Pandora, which reached an agreement everyone involved appears to be happy with.
"Pandora is finally on safe ground with a long-term agreement for survivable royalty rates," said Pandora CTO Tom Conrad.
For Pandora, the resolution means a 40-50 percent reduction in the per-song-per-listener ...
Pandora (and other internet radio) to stay afloat…for now
Gadgetell —
... the same as the rates agreed to by the National Association of Broadcasters (NAB)
rates for
2010 0.0016 per performance
…
2015 0.0025 per performance
So feasibly, come 2015, Pandora may be stuck with fees they can’t afford to pay, and have to get rid of the Pandora One and the $0.99 subscription services, and users are gonna get slammed. Bye-bye Pandora. All in all you’re just another brick in the wall.
Read: [techcrunch]
Full Story » | Written by Jodie ...
Pandora Raises $35 Million After Securing Long Term Survival
Silicon Alley Insider —
... With its potential troubles behind it, having reached a deal to stream music while staying afloat financially, it looks like Pandora is getting flush with cash. The Internet streaming radio service has raised a new $35 million round of funding, ...
