Pandora's New Deal with Artists
Posted: Wed Aug 06, 2014 8:22 am
Just read this news story and wondered what y'all thought. IMO the article is a little decieving. I don't see any increase in the actual price per play, but rather Artists signed to Merlin will get more plays (which ultimately produces more royalties).
http://www.newsday.com/business/technol ... -1.8978224
There's also this:
The deal covers royalties for performances, not songwriting rights, and it comes as the Department of Justice is re-examining Pandora's right to automatically license song rights from publishing societies like the American Society of Composers, Authors and Publishers and Broadcast Music Inc.
That process was put in place in 1941 as a counter to anti-competitive behavior by publishers, who say that the market dynamics have changed and they should have the right to negotiate songwriting royalties without the floor on rates set by the publishing societies.
http://www.newsday.com/business/technol ... -1.8978224
There's also this:
The deal covers royalties for performances, not songwriting rights, and it comes as the Department of Justice is re-examining Pandora's right to automatically license song rights from publishing societies like the American Society of Composers, Authors and Publishers and Broadcast Music Inc.
That process was put in place in 1941 as a counter to anti-competitive behavior by publishers, who say that the market dynamics have changed and they should have the right to negotiate songwriting royalties without the floor on rates set by the publishing societies.