iTunes Radio does not justify Pandora rate hike, judge says in major royalty decision

Gigaom

A federal judge sided with internet radio service Pandora(s p) over the music industry in a bitter fight over songwriting royalties Wednesday, after concluding that Pandora is more akin to regular radio than other music services like iTunes Radio and Spotify.

In a decision published Wednesday in New York, U.S. District Judge Denise Cote concluded that Pandora should continue paying a royalty rate of 1.85 percent of its annual revenues, and that the 3 percent music publishers had sought was not “reasonable.”

While the parties announced the numbers on Friday, the judge only published her 136-page decision this week after Pandora, Apple(s aapl) and others had an opportunity to redact confidential information.

Pandora is radio

The lawsuit began in late 2012 after Pandora sued the American Society of Composers, Authors and Publishers (ASCAP), which licenses music on behalf of songwriters and publishers, after the two sides were unable to agree on…

View original post 710 more words

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s