5 ms·
You're right, I dropped the ball with the title, but unfortunately I can't edit it now. Clarifying information for readers: The original title of the article
by EndXA 7y ago
You're right, I dropped the ball with the title, but unfortunately I can't edit it now.
Clarifying information for readers:
The original title of the article is: "Pharrell Made Only $2,700 In Songwriter Royalties From 43 Million Plays Of 'Happy' On Pandora"
Relevant quote describing the issue:
> Despite Pharrell's ubiquity, "Happy" made $2,700 in publisher and songwriter royalties from 43 million Pandora streams in the first quarter of 2014, according to an email from music publisher Sony/ATV CEO Marty Bandier obtained by Digital Music News.
Pandora's response (trimmed):
> ...However, we wish Mr. Bandier would provide the proper context and facts. Pandora is already the highest paying form of radio to both performers and songwriters. We have paid more than $1 billion to rights holders since our inception, which amounts to over half of all revenue we have generated. Regarding the specific songs he mentions in his letter, Pandora paid all rights holders more than $150,000 in just three months, substantially more than the $6,100 he suggests.
> The issue is not whether Pandora pays enough in royalties. The real issue is the financial dispute between labels and publishers about how to divide Pandora's industry-leading royalties. Mr. Bandier and his label peers (many of whom work within the same companies) are free to decide amongst themselves to change the split between songwriters and performing artists of the substantial royalty revenue already paid by Pandora. We'd also encourage that same group to provide transparency about how those dollars flow to the artists and songwriters.