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Pandora Sued by BMI Over Music Licensing Fees

pandora2

by kings a&r

BMI wants Pandora to pay the piper. Or at least pay the piper a little more.

Music licensing company BMI filed suit against internet music streaming service Pandora on Thursday, demanding higher licensing fees and accusing Pandora of trying to do an end-run around BMI’s licensing rate structure.

In the suit, filed in U.S. District Court in southern New York, BMI contends that, despite Pandora and other streaming services’ growing share of the music-listening marketplace — and accompanying increase in advertising revenues — Pandora has been paying an unreasonably low licensing rate, and in fact has been lobbying Congress to lower its fees even further. Read more

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This entry was posted on June 16, 2013 by in MONEY SHAKERS, NEWS.

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