Pandora will today tell Congress that the royalty rates internet radio services are required to pay are ‘astonishingly high’ and create an “unfair and indefensible” situation.
The assessment comes from a written testimony from the company’s CEO Joseph Kennedy who is pressing lawmakers to pass a bill to bring internet radio royalties under the same standard for satellite and cable radio services.
Opposing the demand, however, is collection society SoundExchange. The company’s president Michael Huppe said in his own written ...
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