Royalties from Pandora’s ad-supported radio service will continue to be paid to artists through SoundExchange, despite recent direct licencing deals with major music companies. The agreement both insures a major income stream for SoundExchange and maintains the performing rights organization's position as a protector of artists.
Most "Top" charts at this time of year come from a single service - Spotify, Apple Music, etc. So when charts combine 2800 sources, we take notice. SoundExchange has shares 3 charts compiled from 12 months of plays on 2800 digital radio stations including Pandora, SiriusXM, AccuRadio and Radio Paradise.
Although internet radio has in many ways been a large asset to the music industry, allowing artists to launch shows, stations, and further connect via this new platform, however being able to track spins on internet radio has always been notoriously difficult, something which DigitalRadioTracker may make easier.
iHeartMedia has confirmed yesterday's reports that it will launch to new streaming music services early next year. The broadcast radio giant joins a crowded sector, but could help drive mainstream adoption of streaming music.
Could it be that the best way for musicians and rights holders to earn more money moving forward it to get more listeners to ditch traditional AM/FM radio in favor of online streaming? According to the math, services like Pandora provide higher payouts for more royalty types than their broadcast competitors.