Court Rules That Pandora Doesn’t Have to Pay ASCAP More Money…

sigh

Songwriters and artists are already pretty angry at Pandora for using whatever means necessary to pay creators less money. In fact, the FCC just approved Pandora’s plan to buy a traditional radio station in attempt to lower royalties even more.

Pandora has just scored another victory.

ASCAP’s appeal of Pandora’s royalty rate has been rejected.

Pandora currently has to pay just 1.85 percent of revenue to ASCAP.<!–/*
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The ruling is the result of an antitrust consent decree from the 1940s.

Elizabeth Matthews, ASCAP’s CEO, issued the following statement:

“This ruling reaffirms what we already know – that the ASCAP Consent Decree and the rules that govern music licensing are outdated and completely out of step with the way people listen to music today. We are encouraged that the Department of Justice is reviewing the ASCAP Consent Decree and by the growing chorus of voices in support of our efforts to modernize music licensing – from the Copyright Office to Congressional sponsors of the Songwriter Equity Act. Powerful corporate interests, like Pandora, are determined to stand in the way of meaningful music licensing reform so that they may continue to shortchange songwriters. This is a wake up call for creators to stand together, get involved and fight for their right to be paid a fair market rate for the use of their works.”

 

Nina Ulloa covers breaking news, tech, and more: @nine_u

Image by Daniel Horacio Agostini, licensed under Creative Commons Attribution 2.0 Generic (CC by 2.0).

The post Court Rules That Pandora Doesn’t Have to Pay ASCAP More Money… appeared first on Digital Music News.


Source: Industry News

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