New York Post: Pandora's payment to publisher Sony/ATV goes up 25%

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Issue Date: 
Jan 17 2013 - 12:45pm

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The New York Post reports today webcaster Pandora will have to pay 25% more to music publisher Sony/ATV, according to the terms of a new settlement. Pandora was looking for a decrease in these fees, which cover royalties for songwriters whose work is represented by Sony/ATV.

Sony/ATV pulled digital rights from ASCAP and BMI effective Jan. 1 (more in RAIN here and here). This means Pandora (and other webcasters) aren't cleared (or won't be when current contracts are up) to play Sony/ATV music simply by way of their ASCAP/BMI blanket licenses.

In November, Pandora filed suit against ASCAP (the American Society of Composers, Authors and Publishers) (in RAIN here) in New York federal court, after more than a year of negotiations failed to yield a settlement.

Read more in the New York Post here.

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