Sony suing Rdio for fraud, keeping planned Pandora sale secret

Sony Music is suing the former leaders of Rdio, claiming that the now-defunct streaming service cut it out of millions in its handling of bankruptcy and its sale negotiations with Pandora. Rdio’s former CEO Anthony Bay, General Counsel Elliott Peters, and Senior Vice President of Content Licensing Jim Rondinelli were named as defendants in the claims of misrepresentation and fraudulent behavior. Continue Reading

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SoundExchange’s Annual Royalty Collections Approaching $1 Billion — Due to Pandora

by Angus MacDonald

Intellectual property attorney Angus MacDonald was the first to calculate that Pandora paid more than half of all SoundExchange collections of royalties to record labels. In this column, he calculates a higher percentage for 2015, noting that the growth of SoundExchange royalty collections is tied closely to Pandora, and that the pace is slowing. Continue Reading

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NYT creates audio division for podcast development

The New York Times is making a new foray into audio programming, forming a team to spearhead podcast creation. At first, this new division of the news organization will rely on outside partners, such as its Modern Love podcast produced with Boston’s WBUR, that already have an audience. Kinsey Wilson, the Times’ editor for innovation and strategy, said that no themes or shows have been decided on yet. Continue Reading