pandora to close the box... maybe
  • TUESDAY, AUGUST 26, 2008

  • Posted by:


Internet radio giant Pandora has been a music-lovers dream for several years, providing a stream of content based on likes and dislikes, built on the Music Genome Project. It's 100% free. But now the company, founded by former acoustic rocker Tim Westergren, will most likely be forced to shut down due to increasing royalty fees affecting web streaming services.

Numbers are numbers, but the bottom line is the Copyright Royalty Board has increased rates to the point of Pandora losing about 70% of it's revenue to fees (according to the Washington Post). Already losing money, Pandora has some tough times ahead, especially if Washington doesn't do anything to solve the problem. The beginning of the year already saw the end of Pandora in Great Britain; perhaps that was the first sign of its untimely demise here in America.

Or, perhaps this is an opportunity for Pandora's millions of users to rally for legislation? We're thinking more people understand "free" than "equal royalty rates for all forms of radio." A petition perhaps? It was the chosen strategy for McCarren...and those kids who want Bono to retire. Then again, Bono is still around...-joe puglisi

* * * * * * * * * * * *
Visit Pandora before it's too late

Comments

Hot Baeble Videos
Beth Hart live at Baeble HQ

Beth Hart live at Baeble HQ

Bloc Party live at The Baeble Bounce House

Bloc Party live at The Baeble Bounce House

CHVRCHES live at Summer Stage

CHVRCHES live at Summer Stage

Disclosure live at Hype Hotel

Disclosure live at Hype Hotel

The Heavy live at The Baeble Bounce House

The Heavy live at The Baeble Bounce House

Kat Graham live at Baeble HQ

Kat Graham live at Baeble HQ

Marian Hill live at Baeble HQ

Marian Hill live at Baeble HQ

ROZES live at Baeble HQ

ROZES live at Baeble HQ

Matisyahu live at Baeble HQ

Matisyahu live at Baeble HQ

Aurora live at Baeble HQ

Aurora live at Baeble HQ

© 2017 Baeble Media. All rights reserved.