Pandora has been on a mission over the past couple of years to lower the royalty rates it pays music labels. The company argues that it should pay the same rates as traditional over-the-air radio stations and not be subjected to higher fees because it operates on the Internet. Despite numerous campaigns, nothing has changed …
Being the driving force behind change is never easy, but it’s especially difficult when powerful industry players do everything in their power to crush you. Such has been the story of Pandora, which added an interesting twist to its tale this week. Pandora, a pioneer in Internet radio, bought a terrestrial radio station in South Dakota …
As Pandora struggles to fight off a new wave of competition from the likes of industry giants like Google and Apple, the company recently announced a new feature that could definitely boost interest in its services. Dubbed “Pandora Premieres,” the new feature allows users to stream new albums in their entirety a week before they …
A new study published by the European Commission’s Joint Research Centre has found that illegal downloading doesn’t hurt the music industry. After examining the browsing habits of more than 16,000 Europeans, the research showed that there is actually a positive link between online piracy and visits to legal music stores — so rather than negatively …
Apple (AAPL) is rumored to be preparing a Pandora rival dubbed “iRadio” for launch in 2013, but according to CNET’s Greg Sandoval, the company still doesn’t have any major record companies signed up. Sandoval says that Apple’s rumored service is “not being warmly received” by Sony Music Entertainment, Warner Music Group and Universal Music Group, with his sources telling …
Internet music giant Pandora (P) has been having a tough couple of years. After filing for its initial public offering in June of 2011 the company’s stock quickly rose to $20, however it has since tumbled and now sits near all time lows of less than $8. Pandora has seen a large amount of success on …
Rumors have once again begun to circulate that suggest Apple (AAPL) is planning to launch an online radio service that will compete with Pandora (P). The Wall Street Journal cited multiple unnamed sources last month claiming that the Cupertino-based company was holding talks with various music labels to offer such a service. The New York …
Spotify’s music streaming service is now enjoyed by more than 15 million active users globally, including more than 4 million paying subscribers, according to The Next Web. The news was announced at the Global Business Summit on Creative Content in London on Tuesday by Spotify’s chief content officer and U.S. managing director, Ken Parks, and …
Digital music has become increasingly popular over the years, and now it looks like new methods of digital music distribution are finally starting to pay off. SoundExchange, which processes royalty payments for online music streams, confirmed on Monday that it has paid artists and record companies a total of $1 billion since being founded in 2000. …
Pandora CEO Joe Kennedy recently announced that the music streaming service had surpassed 150 million users in the United States and was the second most downloaded app in the history of Apple’s App Store. According to the company’s recent earnings report for the first quarter of fiscal 2013, Pandora grew to a record 51.9 million …
