All about copyright, understanding music licensing, and government regulations.
Pandora announced breakthrough content licensing deals this morning with ASCAP and BMI, the two largest Performing Rights Organizations (PROs) representing songwriters, publishers, and composers. With two separate multi-year agreements, Pandora puts to bed acrimonious lawsuits that have troubled its key relationships for two years. Continue Reading
Pandora has signed another direct deal, this time with Downtown Music Publishing. The rights management firm has music by writers ranging from The Beatles to Hans Zimmer and Jewel to One Direction in its catalog. The press release contains the same type of language that was in the announcements of Pandora’s recent licensing agreements with publishers such as Warner/Chappell, Sony/ATV, and SONGS Music Publishing. Continue Reading
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. At that time he spoke of implications for the Webcasting IV process which ended this week with new webcaster rates for 2016. We asked MacDonald for his thoughts about the ruling, and he sent us his analysis. Continue Reading
Triton Digital will host broadcast law attorney David Oxenford in an interactive webinar on Monday, December 21, at 3pm. Titled The New Streaming Music Rates; Everything You Need to Know, the 30-minute session will include an interview with Oxenford on key points of this week’s CRB rate ruling. Continue Reading
While Pandora, iHeartMedia, and the National Association of Broadcasters (NAB) are content with new CRB rates, the royalty ruling puts smaller streamers on shaky ground, we’ve heard from several sources. Click for comments by Rusty Hodge, Kurt Hanson, Brian McAndrews, and David Porter. Continue Reading
In an open conference call that was bumped back three hours by a late-day release of webcaster rates by the Copyright Royalty Board (CRB), Pandora addressed the new rates and answered investor questions about the business going forward. Continue Reading
If it’s difficult to identify winners and losers in the new CRB webcaster rates, the official comments emanating from three major participants tell a story: Major webcasters OK with it; music industry not. Continue Reading
The Copyright Royalty Board (CRB) unsurprisingly took a middle road, treading a line between the $.0011 that Pandora requested, and the $.0025 that SoundExchange argued for on behalf of music rights-holders. P stock shot upward in after-hours. The company scheduled a conference call for later this evening. Continue Reading
At 5:15 Eastern U.S. time, the Copyright Royalty Board released the outline of its Webcaster IV ruling, setting royalty rates paid by Internet radio to music labels for the 2016-2020. Pandora’s rate: $.0017 per stream for non-subscribing listeners. SoundExchange wanted that number to be $.0025. Continue Reading
SoundExchange released its third-quarter figures for payments made and received from digital radio. The rights manager paid out $204 million in the quarter to 87,219 payees. The timing of this release is pointed, as today the Copyright Royalty Board is slated to release its decision on the statutory royalty rates to be paid by non-interactive streaming platforms during 2016-2020. Pandora is one of the bigger players to be impacted by this ruling, but SoundExchange has just as much on the line. Continue Reading
As the webcasting universe turns its expectant and apprehensive gaze toward the U.S. Copyright Royalty Board (CRB), which will issue new webcasting royalty rates for 2016-2020, Pandora Media has more skin in the game than any other webcasting distributor of music — in a sense. The company has another path to potentially go down. Continue Reading
The Copyright Royalty Board (CRB) will outline new webcaster royalty rates tomorrow (Wednesday). Media attorneys Jay Rosenthal and David Leichtman weigh in with anticipatory comments. Continue Reading