Pandora and Sony/ATV have announced a landmark multi-year licensing agreement for Sony/ATV’s catalogue of musical works in the US.

While specific terms of the multi-year agreement are confidential, the companies say they have worked together to build "an innovative win-win approach to publisher economics. Sony/ATV achieved its goal of delivering improved performance royalties for its songwriters while Pandora will benefit from greater rate certainty and the ability to add new flexibility to the company’s product offering over time."

The public ...