ASCAP: New Pandora rate 'below market price, threatens future of members'

Tom Pakinkis

ASCAP has appealed a rate court ruling passed in March that gave Pandora an annual license rate of 1.85% of its revenue.

The ruling was slammed by Sony/ATV CEO Martin Bandier at the time as "a clear defeat for songwriters".

The same ruling also dictated that publishers could not withdraw their digital rights from the PRO with a view to doing direct deals with the likes of Pandora, saying that ASCAP’s members had to be “all in or all out”.

...

Login to access this article

To access this article you need to be a subscriber. If you are a subscriber login below.

Start free Trial

Register for a Music Week trial to access this article. Sign up today and you will receive:

  • 4 weeks access to news, features and chart analysis
  • 4 Digital issues of Music Week
  • The Music Week app
  • Tailored email news alerts
Start your free trial

Subscribe

If you have previously taken a trial you will need to subscribe to access this article.

Subscribe Now
subscribe link free-trial link

follow us...