"We've seen no indication from PRS that it is prepared to offer economically viable rates for services like Pandora," Westergren told PaidContent.org.
"The current rate demanded by PRS of 0.065 pence per listener per track equates to 47 percent of the revenue Pandora achieved on a per listener per track basis in the year we just completed, during which we generated $274 million in revenue and were the clear leader in monetizing internet radio.??
"Ultimately it is UK songwriters, ...
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