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# Pandora Stock Up 15% After Higher Royalty Cost Ruling
- URL: https://www.hypebot.com/pandora-stock-rises-137-today-despite-higher-royalty-cost-ruling/
- Published: 2015-12-18T09:45:00.000Z
- Updated: 2015-12-18T09:45:00.000Z
- Description: UPDATED: Pandora stock rose 15.1% on Thursday and Friday morning after a Copyright Royalty ruling raising rates about 15%. Why are higher rates that will cost Pandora good news? Investors expected. Continue reading [https://www.hypebot.com/hypebot/2015/12/pandora-stock-rises-137-today-despite-high
- Author: Bruce Houghton
- Tags: Music Business, Music Tech, Streaming, Adware, Copyright Royalty Board, Dynamic music, Extended-hours trading, Industry analyst, Internet radio, Pandora, Pandora Radio, record label, Royalties, SoundExchange, Streaming media, #wp, #wp-post, #Import 2026-01-21 10:22

[![Pandora-logo](http://hypebot.typepad.com/.a/6a00d83451b36c69e201b7c7fbe0bc970b-150wi "Pandora-logo")](http://hypebot.typepad.com/.a/6a00d83451b36c69e201b7c7fbe0bc970b-popup?ref=hypebot.com)UPDATED: **Pandora stock rose 15.1%**  on Thursday and Friday morning after a **Copyright Royalty ruling raising rates** about 15%. Why are higher rates that will cost Pandora good news? Investors expected much worse and already driven the stock price down more than 50% this year.

Yesterday's Copyright Royalty Board ruling, while raising key rates, is generally be seen as a win for Pandora and other non-interactive music services. But it still also serves as a reminder of of just how, despite and even because of its huge success, allusive profits may be for Pandora, says top industry analyst Mark Mulligan.

**More [here](https://www.hypebot.com/copyright-royalty-board-pandora-rate-ruling-reveals-cracks-in-streaming-economics/).**

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