Lots of chatter overnight about Pandora’s announcement of an “unprecedented” licensing deal with publisher Sony/ATV. Even if the precedent is a previous licensing deal with Sony/ATV in January 2013.
Naturally, the terms of the new agreement are under wraps – at least until the agreement leaks – with Pandora merely describing it as creating “business benefits for Pandora, while modernising compensation for Sony/ATV and its songwriters in the US… Sony/ATV achieved its goal of delivering improved performance royalties for its songwriters while Pandora will benefit from greater rate certainty and the ability to add new flexibility to the company’s product offering over time.”

Related posts

Read More

Reservoir Media financials reveal 14% organic revenue growth

Reservoir Media is the latest music company to publish its financial results for the second quarter of 2022 – its fiscal Q1.

August 8, 2022

Read More

Clouty launches Musiq, a financial-style index for songs

If the catalogue-buying boom has taught us anything, it's that a growing number of investors see songs as a valuable AND predictable 'asset class'.

July 12, 2022

Read More

Pandora is facing another lawsuit over comedy copyrights

The music industry has seen a fair few controversies over the licensing of music publishing rights by streaming services.

July 8, 2022