Pandora settles with RIAA over pre-1972 royalties

Pandora settles with RIAA over pre-1972 royalties
Internet radio giant Pandora has settled with the major record labels over royalties owed for tracks written before 1972, songs that aren't covered by federal copyright but are covered by most states.

Pandora will pay $90 million, a large sum that follows a $210 million settlement made by SiriusXM satellite radio earlier this year for the same copyright issues.



The settlement will cover all previous streams of pre-1972 music, and all streams until the end of 2016. At that point, a new licensing deal will have to be made or the music must be removed from the service.

"Pandora is excited to have found resolution with these record labels," said Pandora CEO Brian McAndrews in a statement. "We pursued this settlement in order to move the conversation forward and continue to foster a better, collaborative relationship with the labels."

Source:
Ars


Written by: Andre Yoskowitz @ 23 Oct 2015 21:16
Tags
Lawsuit Pandora RIAA
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  • 2 comments
  • doowop72

    And in whose pocket is this $90 million going into.. Greedy sob's. RIAA really going to disburse it out to the artists? Unless a certain artist initiated the suit, doubtful. They're going to pocket it.

    24.10.2015 10:13 #1

  • ajsmsg78

    Oh god, pre 1972? This is absolutely ridiculous. It's friggin music! Old music at that!

    25.10.2015 23:00 #2

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