Despite ASCAP Loss, Bid For Direct Pandora Deal A Wise Move

Law360, New York (September 19, 2013, 9:27 PM ET) -- After a big ruling for Pandora Media Inc. this week, music publishers are probably stuck with the old system of court-monitored blanket licenses rather than direct negotiations for digital rights, but experts say the effort to ditch the regime was more than worth a shot.

Performance rights organization ASCAP, or the American Society of Composers, Authors and Publishers, is governed by a 70-year-old antitrust settlement with federal prosecutors, and the judges enforcing it impose tough scrutiny in an effort to make sure the rates charged to...
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