2 ms·
Do you mind explaining a bit more why this story is a problem? I assumed rightsholders would sign a contract with Pandora and it's their business what rate they
by lopmotr 7y ago
Do you mind explaining a bit more why this story is a problem? I assumed rightsholders would sign a contract with Pandora and it's their business what rate they negotiate. If they think it's too low, they can just not sign, can't they?
Apparently there's some government specified royalty for broadcasters, which includes Pandora, of $0.00176/play [1]. So maybe they're not allowed to demand more??!
[1] https://www.fool.com/investing/2017/02/28/will-pandora-media-ever-turn-a-profit.aspx https://www.fool.com/investing/2017/02/28/will-pandora-media...