Pandora gets static over royalties bill
November 15, 2012
The web and the music industry have never had a symbiotic relationship.
From illegal downloading to internet radio, they’ve been seemingly at odds over every new development, and that doesn’t seem likely to change as the internet matures.
The latest example is in evidence in the newest issue of Billboard, which contains an advertisement aimed squarely at Congress, which has an upcoming hearing slated on music royalties.
The ad is a letter signed by 125 musicians and singers protesting the Internet Radio Fairness Act, a bill backed by Pandora that would reduce the royalties fees paid by web radio services.
The ad, which is signed by well-known artists including Katy Perry, Cee Lo Green, Jackson Browne and Ne-Yo, targets Pandora directly.
“Pandora’s principal asset is the music,” says the letter. “Why is the company asking Congress once again to step in and gut the royalties that thousands of musicians rely upon? That’s not fair and that’s not how partners work together.”
Pandora claims that in order to remain competitive with terrestrial radio, the cuts are needed. It says that internet radio stations are treated unfairly under the current terms.
“Today, the discrimination is extraordinary. In 2011, Pandora paid over 50 percent of revenues in performance royalties, while SiriusXM paid less than 10 percent,” says a statement put out by Pandora yesterday.
‘Duck’ flies higher after season low
Disney Interactive chops 700 jobs
NBC’s dilemma: Whither ‘Community’?
‘Late Night With Seth Meyers,’ go to bed
Rachel, I’ve been stuck bigtime by co-workers
‘Resurrection,’ it’s got a shot
Tell us, are you happy with your salary?
Best tube bets this weekend
Shocker: Isaiah Washington back on ‘Grey’s’
ABC, CBS and Fox bounce back on Wednesday
RJ Palmer, Varick and TargetCast merge into Assembly
Pew: Pope’s getting good buzz on Twitter
How much is new media encroaching on old?
- Heather Sandford becomes digital media manager at Ad Partners
- Martin Mohr becomes creative director at TBWA\Chiat\Day
- Carlos Sanchez becomes EVP and GM at Fox Deportes
- Greg Daniel, Laura Nelson, Saul Rosenberg and Marcy Shinder join Nielsen
- Liz Coddington and Melissa Stein join Adara Global
- Akiba Solomon becomes editorial director at Colorlines
- Matthew Galkin rises to partner at Warrior Poets
- Carlos Hermosillo joins Telemundo's sportscasting team
- Brooke Burke-Charvet guesting on ABC Family's 'Melissa & Joey'
- Gabriel Luna starring in El Rey Network's 'Matador'
This week’s cable ratings
This week’s broadcast ratings
This week’s top movies, songs and books
This week’s daypart ratings
This month’s new media traffic data
This week’s younger viewer ratings
Senior planner/buyer opening in Daytona Beach
Media coordinator job in Anchroage
Media planner opening in San Francisco
Media planner/buyer opening in Ancorage
Online marketing media buyer in Camas, Wash.