FishbowlDC TVNewser TVSpy LostRemote AgencySpy PRNewser GalleyCat SocialTimes

Pandora Lives to Sing Another Day

pandora09.24.08.pngMembers of different music industry advocacy groups reached an agreement yesterday about some types of royalty rates online, but did not come to any consensus about changing what Pandora and other Internet radio services consider rates that are too high.

The deal involves new laws on paying mechanical royalties for interactive streaming music and limited music downloads, but does nothing about so-called performance royalty for Internet radio, which affects Pandora.

Pandora’s spokesperson said the company would continue to operate but that it could shut down at any time depending on how it feels the fight against royalty rates is going. Currently, Pandora pays 70 percent of its revenues to labels and artists.

Mediabistro Course

Middle Grade Novel Writing

Middle Grade Novel WritingStarting January 15, work with a literary agent to write your middle-grade novel! In this course, you'll learn how to develop strong characters, write compelling dialogue, master the art of revision, and market your work to publishing houses and agents. Register now!