Pandora (P) Overhang Removed, Focus on New Foreign Markets - Rosenblatt
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Copyright Royalty Board Issues Ruling in “Web-IV” Pandora Rate Case
December 16, 2015 6:23 PM ESTMusicians and record labels to see royalties from Pandora increase 15 percent
OAKLAND, Calif.--(BUSINESS WIRE)-- Pandora (NYSE: P), the worlds largest music discovery platform, today announced that the Copyright Royalty Board (CRB) released the rates and terms for the Web-IV rate-setting proceeding, establishing the sound recording performance royalty rates paid to performing artists and record labels by Internet radio services for the period of 2016-2020. While the company has not received the full supporting decision, the following is based on the companys initial reactions to information posted on the Copyright... More
