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Pandora saved from the hangman’s noose

By | July 8, 2009, 7:59am PDT

Summary: Back in May I suggested that Apple acquire Pandora with some of its $29 billion warchest in order to save it from certain death. Well, it appears that Pandora (and all other Internet music streaming services for that matter) got the call from the governor that they were desperately waiting for. According to Pandora CTO Tom [...]

http://www.appscout.com/images/pandoraiphonescreens.jpg

Back in May I suggested that Apple acquire Pandora with some of its $29 billion warchest in order to save it from certain death. Well, it appears that Pandora (and all other Internet music streaming services for that matter) got the call from the governor that they were desperately waiting for.

According to Pandora CTO Tom Conrad (via TechCrunch) the call came in the form of a resolution between webcasters, artists, and record labels, tells us. “Pandora is finally on safe ground with a long-term agreement for survivable royalty rates,” Conrad says.

The key part of the resolution involves SoundExchange agreeing to a 40-50% reduction in the per-song-per-listener rates. In exchange, Pandora is giving up a 25% share of its U.S. revenue. This agreement runs through 2015.

This is great news for everyone that appreciates online music streaming — and who doesn’t. Now can someone tell me why Pandora for iPhone was down most of yesterday?

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Agreement, Pandora, Jason D. O'Grady

Jason O'Grady is a journalist and author specializing in mobile technology. He has published six books on Apple and mobile gadgets and his PowerPage blog has been publishing for over 15 years.

Disclosure

Jason D. O'Grady

Jason D. O'Grady is the creator and editor of O'Grady's PowerPage, which has been publishing mobile technology news since 1995. He maintains an advertising relationship with the following legacy advertisers on the PowerPage:

  • Amazon Associates
  • Google Adsense
  • Tekserve

    • Advertising on the PowerPage is brokered by a third-party agency (BackBeat Media) and he recuses himself from these negotiations.

Biography

Jason D. O'Grady

Jason D. O'Grady developed an affinity for Apple computers after using the original Lisa, and this affinity turned into a bona-fide obsession when he got the original 128 KB Macintosh in 1984.

He started writing one of the first Web sites about Apple (O'Grady's PowerPage) in 1995 and is considered to be one of the fathers of blogging. He has been a frequent speaker at the Macworld Expo conference and a member of the conference faculty. He also co-founded the first dedicated PowerBook User Group (PPUG) in the United States.

After winning a major legal battle with Apple in 2006, he set the precedent that independent journalists are entitled to the same protections under the First Amendment as members of the mainstream media.

O'Grady is the author of The Nexus One Pocket Guide, The Droid Pocket Guide, The Google Phone Pocket Guide, and The Garmin nuvi Pocket Guide (Peachpit Press), the author of Corporations That Changed the World: Apple Inc. (Greenwood Press), and a contributor to The Mac Bible (Peachpit Press). In addition, he has contributed to numerous Mac publications over the years, including MacWEEK, Macworld, and MacPower (Japan).

When he's not writing about Apple for ZDNet at The Apple Core, he enjoys spending time with his family in New Jersey.

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RE: Pandora saved from the hangman's noose
pikaba 31st Aug
It's correct that Used BMW Seattle and Used Mercedes Seattle won't be successful with no Used Subaru Seattle.
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Pandora for iPhone
larry.wasserman@... 8th Jul 2009
National day of mourning for all Pedophiles.
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Stuka 8th Jul 2009
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RE: Pandora saved from the hangman's noose
pikaba 31st Aug
It's correct that Used BMW Seattle and Used Mercedes Seattle won't be successful with no Used Subaru Seattle.

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