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