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August 18, 2008
Pandora may be going dark
This article in Ars Technica does a nice job illustrating the demise of Pandora may be just days away. The problem is with the royalty fees they are being asked to pay, in contrast to what broadcast radio pays (nothing) and satellite radio pays (about half). The music business needs a big restructuring, as it's a sad day when cool services like Pandora go belly up, especially when they have revenues of $25 million(!).
Read the entire article to learn more.
Posted by Bill Dettering at August 18, 2008 08:20 AM | Technorati Tags: pandora drm soundexchange