Giant of Internet Radio Nears Its 'Last Stand'

Links (7)

Shorties
Published 8/17/2008 by david (boy@largeheartedboy.com) at Largehearted Boy
... The Washington Post examines the royalty battle between internet radio streamers and music publishers. also at Largehearted Boy: daily mp3 downloads Try It Before You Buy It (mp3s and full album streams from ...

Midday Update
Published 8/18/2008 at Pollstar
... Related: Will high royalty rates put popular Pandora radio service back into the box? - The Washington Post No matter which way you look at it, £25 million English pounds ($46.6 million U.S.) is a lot to pay for a divorce. Just ask ...

Pandora May Turn Off Its Streams: Do You Care? [Web 2.whatever]
Published 8/18/2008 by Maura Johnston at Idolator
... I've been putting off writing a post about the possible demise of the Music Genome Project-powered streaming site Pandora—which may be sunk because it might have to pay royalty fees that add up to 70% of its revenues—for most of the day, because I'm not really sure how I feel about it. On the one hand, yes, the royalty structures set up by the fee-collecting regulatory body (and RIAA spinoff) SoundExchange are a bit high, and do encourage a lot of new sites to ...

Muxtape Shut Down By RIAA?
Published 8/19/2008 by Gotty™ at The Smoking Section
... yesterday. While they didn’t specify the “problem,” I think it’s safe to say that it has to do with payment & revenues. Muxtape isn’t alone because Pandora recently indicated that they might be ...

Muxtape Shut Down by the Man, Pandora Probably Next
Published 8/19/2008 at Vulture
... claims "No artists or labels have complained" (not even Prince?) and "The site is not closed indefinitely." This comes as the label-sanctioned artist-recommendation service Pandora is facing its own shutdown over royalty fees that are now approaching 70 percent of the company's revenue, which bums us out to no end. Pandora Radio is one of the few ...

Gigs & Bytes:Internet Radio's Royalty Misery
Published 8/19/2008 at Pollstar
... – may actually have to close its doors. [image] Pandora founder Tim Westergren recently told the Washington Post the new rates will amount to 70 percent of its projected revenue of $25 million, and his company may have to shut down. [image] "We're losing money as it is," Westergren told the Post . "The moment we think this problem in Washington is not going to get solved, we have to pull the plug because all we're doing is wasting money." [image] Westergren and other Webcasters are hoping that ...

The Music Industry Continues to Cut Its Nose Despite Its Face
Published 8/20/2008 by noreply@blogger.com (Ivan Juarez-Mrazek) at The Fertile Crescent
... for webcasters to abide by. Since then webcasters have been in negotiations with SoundExchange to reach a compromise, with very little progress being made. Because of the new fees (which charge a fee on a per song, per listener basis. Something that adds up very quick for people who create multiple Pandora stations and listen for hours each day) Pandora founder Tim Westergren admitted this week that the current model is unsustainable for his company and if something isn't done quick Pandora will cease operations. A similar fate may await ...