Pandora

Copyright board boosts songwriters’ music streaming fees

SAN FRANCISCO /January 28, 2018(AP)(STL.News)— A federal copyright board has raised the music streaming royalties for songwriters and music publishers by more than 40 percent to narrow the financial divide separating them from recording labels. The decision announced earlier this weekend by the National Music Publishers‘ Association resolves a dispute pitting songwriters against steadily growing … Continue reading Copyright board boosts songwriters’ music streaming fees

Sirius XM buys stake in music streaming site Pandora

NEW YORK (AP)(STL.News) — Pandora is raising cash to help it take on Spotify and other streaming music services. The online music service is selling a 19 percent stake in its business to satellite radio company Sirius XM for $480 million. Pandora will pay a $22.5 million breakup fee to private equity firm KKR for … Continue reading Sirius XM buys stake in music streaming site Pandora