PANDORA'S IPO: FORK IN THE STREAM

Apple App Subscription Terms, Pandora IPO Point To Divergent Paths For Online Music

Recent moves by Apple and Internet radio company Pandora have raised fresh questions about the promise and pitfalls of making money from streaming music.

Just days after Pandora filed for an initial public offering (Billboard.biz, Feb. 11), Apple announced it would take a 30% cut of any revenue that content-based apps receive through subscriptions they sell within iTunes' App Store (Billboard.biz, Feb. 15).

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