Pandora reaches $1.5bn royalty milestone

Coral Williamson

Pandora has hit a new milestone, generating more than $1.5 billion in all-time royalties for artists.

The internet radio service believes it hit the mark due to joint revenue streams from ad-supported and paying subscribers, with nearly $500 million paid out to music rights-holders in the past 12 months. 

Brian McAndrews (pictured), chairman and CEO of Pandora, said: “We are very passionate about our mission to help artists find their audience and help listeners find their music - music they ...

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