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12 Feb 2011 12:49

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Tech: Pandora used to spend more on buying music than it made

  • 119% the size of Pandora’s revenues that used to go towards acquiring content back in the second quarter of 2009
  • 48% the size of Pandora’s revenues that go towards content acquisition now – they’re profitable now source
Posted by Ernie Smith • 0 Comments • Permalink

23 Mar 2010 10:34

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Music: Good night, sweet WOXY: Great internet radio station in flux

  • A sad day for internet radio. WOXY, an internet station run by Future Sounds (which notably went from terrestrial to online-only), was forced to shut down live broadcasts today. While they could come back to life, it doesn’t sound super-promising based on the message left here. *sigh* If only they were charmed, like Pandora. source
Posted by Ernie Smith • 0 Comments • Permalink

09 Jul 2009 10:10

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Tech: The fine print of Internet radio royalties screws small broadcasters

  • $25,000 the required fee each year for ‘net radio broadcasters, which can be applied to any royalties they pay, but creates a pay wall for small broadcasters
  • 25%+ amount of revenue broadcasters have to pay off in royalties, minimum. In other words, Pandora gets to stay alive, but the mom and pop shop doesn’t. source
Posted by Ernie Smith • 3 Comments • Permalink

07 Jul 2009 20:48

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Tech: Great news! Pandora (and other ‘net radio) gets to stay alive!

  • one Internet radio became an industry off the radar of the major labels, starting with no rules and constricting over time. The environment has thus far allowed for the growth of sites like Pandora and Last.fm.
  • two For years, record companies, songwriters and publishers wanted their fair share. Unfortunately, that fair share was so high that it threatened to kill sites like Pandora. Enter stalemate.
  • three Today, Pandora and SoundExchange agreed to 40-50% lower rates which will allow Pandora and others to keep operating. The rates are still higher than the FM dial, but they can live with them. source
Posted by Ernie Smith • 0 Comments • Permalink
 
 
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