Pandora caps mobile listening hours to counter 'rising royalty rates'
Pandora is to cap mobile listening hours at 40 per month for US users to address rising content costs relating to its listeners' use on the move.
Speaking in a blog post, Pandora founder Tim Westergren explains Pandora's per-track royalty rates "have increased more than 25% over the last three years, including 9% in 2013 alone and are scheduled to increase an additional 16% over the next two years."
He says the new measure “allows us to manage these escalating ...
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