Pandora To Pay More For Copyright Royalties In 2016

Law360, New York (December 16, 2015, 6:12 PM EST) -- The Copyright Royalty Board issued a hotly anticipated ruling Wednesday that will increase the amount Pandora and other digital streaming services must pay for music next year, while leaving the potential for rates to change over the next four years.

Pandora had asked for its royalty rate to be lowered, while the company that collects them for labels and artists had pushed for an increase of about 80 percent. (Credit: AP) The board said webcasters like Pandora will have to pay record companies a royalty rate of 17 cents for every 100 songs played on their nonsubscription services in 2016, up...

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