Westergren: "No indication" UK copyright society will offer rates allowing Pandora re-entry

Posted by

Issue Date: 
Mar 27 2012 - 11:25am

From Issue:

Tim Westergren, founder of PandoraWith the UK's streaming royalty rates set to expire in June, Pandora founder Tim Westergren tells paidContent: "We’ve seen no indication from PRS [For Music (the UK copyright collection society)] that it is prepared to offer economically viable rates for services like Pandora."

He continues, "The current rate demanded by PRS of 0.065 pence per listener per track equates to 47% of the revenue Pandora achieved on a per listener per track basis in the year we just completed, during which we generated $274 million in revenue and were the clear leader in monetizing internet radio."

Pandora closed its service to UK users in 2008. Westergren said then: "Both the PPL (which represents the record labels) and the MCPS/PRS Alliance (which represents music publishers) have demanded per track performance minima rates which are far too high to allow ad supported radio to operate" (RAIN coverage here).

Currently Pandora is only available to U.S. users.

Westergren argues that Pandora's absence from the UK market hurts artists and consumers. He cites recent Rajar figures that time spent listening to web radio in the UK was 35 million in Q4. "By contrast, Pandora alone streamed 975 million hours in the U.S. in just the most recent month," or roughly 32.5 million hours per day.

paidContentThe current UK streaming rates expire in June and will be reviewed after "informal discussions" between web services and PRS For Music, paidContent reports.

"But, unlike in 2009, when Last.fm and others joined the throngs of services demanding cheaper rates from the royalty agency, so far Westergren’s sounds like the only voice speaking up so loud for a further downward revision," writes paidContent.

You can find paidContent's coverage here.



for flight tickets http://www.cebupacific-air-lines.com with best offers

Nice really great rushessay

Nice really great rushessay review post. This was truly awesome. The best post I have ever came crossed. Do share and update more things about this article anyhow I love this one too. Please try to come up with more authentic information soon in the regard.

Check Cashing Costa-mesa

This can be the style of information to be presented instead of this randomly false information testosterone levels hat's for the different information sites. At this point simply click here Check Cashing Costa-mesa Gets pleasure from ones giving that very best placing?

Good Article

Hey – great post, tours vietnam just looking around some blogs,du hoc nhat ban seems a really nice platform you are using. camera quan sat I’m currently using WordPress for a diễn đàn rao vặt .few of my blogs but looking to change one of them over to a xe đẩy trẻ em platform similar to yours as a trial run. xe đẩy cho em bé I do believe this is a great site.giày converse I stumbledupon it ;) I am going to come back yet again since i have saved as a favorite it. game bài online Money and freedom is the best way to change,giày nam đẹp may you be rich and continue to guide others dich vu cung ung lao dong
. Anything in particular you would recommend about it? Very good info. Lucky me I discovered your site by accident (stumbleupon) I've saved it for later!Game bài Việt . dich vu boc xep hang hoa

The content of this field is kept private and will not be shown publicly.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Allowed HTML tags: <a> <em> <strong> <cite> <code> <ul> <ol> <li> <dl> <dt> <dd>
  • Lines and paragraphs break automatically.

More information about formatting options

By submitting this form, you accept the Mollom privacy policy.