
pandora
Pandora: “Royalty Crisis Is Over” for Internet Radio Companies
After years of negotiations, Internet radio providers have reached a new royalty agreement that they say will keep them afloat. Streaming music providers including Pandora have struck a deal with negotiating organization SoundExchange that resolves a critical cost issue for Internet radio, allowing them to keep the music playing while putting profitability within reach — and potentially transforming a sector dogged by uncertainty since a prior Copyright Royalty Board decision threatened to put many companies out of business.Letting people know what music you are listening to has long been a staple of the web.

