Tag: Broadcast Music

Pandora ‘Needs’ Lower Royalty Rates, But Will Pay Execs $122 Million In Stock This Year

Pandora has used both lawsuits and the court of public opinion to seek ever-lower payments from musicians, songwriters and rights holders. Their latest offensive - this time vs. BMI and its 650,000. Continue reading

Bruce Houghton on 02/11/2015 in Music Business | Permalink | Comments (1)

Tags: American Society of Composers, Authors and Publishers, Broadcast Music, Inc., Internet radio, Jim Cramer, New York City, Pandora, Pandora Radio, Share (finance), stock, Streaming media

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Pandora And BMI Face Off Today In Court Battle Over Royalty Rates

Today in Manhattan, pioneer streaming giant Pandora is set to meet licensing agency BMI in court to settle a dispute over current royalty rates. The trial will determine how much Pandora pays BMI’s. Continue reading

Guest Post on 02/10/2015 in Music Business | Permalink | Comments (2)

Tags: American Society of Composers, Authors and Publishers, Broadcast Music, Inc., Music licensing, Music publisher (popular music), Pandora Radio, royalties, songwriter, Spotify, Streaming media, United States Department of Justice

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Pandora Earnings Disappoint, Stock Plunges, $439M Paid To Rightsholders In 2014

UPDATE: After falling as much as 26%, Pandora stock rose slightly in after hours trading, settling at $14.90, still down almost 20%. Pandora stock fell on news that the music. Continue reading

Bruce Houghton on 02/06/2015 in Music Tech | Permalink | Comments (0)

Tags: Amazon.com, Apple Inc., Broadcast Music, Copyright Royalty Board, Diluted earnings per share, Extended-hours trading, Generally accepted accounting principles, Google, Inc., internet, New York Stock Exchange, Pandora, Pandora Radio, revenue, Wall Street

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Irving Azoff Threatens To Pull 20K Songs Off YouTube

After months of contentious negotiations, yesterday was finally Google's day in the music business spotlight with launch of both a new home for music on YouTube and its Music Key. Continue reading

Bruce Houghton on 11/13/2014 in Music Business | Permalink | Comments (1)

Tags: American Society of Composers, Authors and Publishers, Broadcast Music, Fleetwood Mac, Inc., Irving Azoff, Live Nation Entertainment, Music licensing, Pharrell Williams, royalties, Smokey Robinson, YouTube

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Music Publishing News Roundup: BMI Revenues, iTunes Radio, IMPEL & More

BMI has released their latest fiscal report, which includes record-high revenue figures for the fiscal year ended June 30, 2013. Its $944 million in revenue and $814 million in royalty. Continue reading

Guest Post on 09/27/2013 in Music Business | Permalink | Comments (0)

Tags: Apple, BMI, BMI fiscal report, BMI Live deadline, Broadcast Music, Hulu, IMPEL, iTunes, iTunes Radio, Netflix, Pandora, revenue

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