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: Recording Industry vs The PeopleWashington Post reports that Pandora internet radio may close its doors, due to excessive royalties
By Ty Rogers and Ray Beckerman
The Washington Post reports that Pandora internet radio may have to shut its doors, due to the excessive royalties it is required to pay:
Giant of Internet Radio Nears Its 'Last Stand'Complete article
Pandora, Other Webcasters Struggle Under High Song FeesBy Peter Whoriskey
Washington Post Staff Writer
Saturday, August 16, 2008; Page D01OAKLAND, Calif. -- Pandora is one of the nation's most popular Web radio services, with about 1 million listeners daily. Its Music Genome Project allows customers to create stations tailored to their own tastes. It is one of the 10 most popular applications for Apple's iPhone and attracts 40,000 new customers a day.
Yet the burgeoning company may be on the verge of collapse, according to its founder, and so may be others like it.
"We're approaching a pull-the-plug kind of decision," said Tim Westergren, who founded Pandora. "This is like a last stand for webcasting."
Keywords: digital copyright law online internet law legal download upload peer to peer p2p file sharing filesharing music movies indie independent label freeculture creative commons pop/rock artists riaa independent mp3 cd favorite songs intellectual property portable music player
Full post as published by Recording Industry vs The People on August 18, 2008 (boomark / email).
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