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

Law360, New York (September 19, 2013, 9:27 PM EDT) -- 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...
To view the full article, register now.