Pandora Radio

  1. PwC Report Forecasts 1% Growth for U.S. Music Market Through 2017

    June 05, 2013 4:48 PM EDT Led by gains in concerts and digital music, the overall U.S. music business can expect annual growth of just over 1% through 2017, according to a new report by PricewaterhouseCoopers.   PwC believes the concert business will grow at a compound a ...

  2. Warner Music Group Inks iRadio Deal for Publishing, Recorded-Music Licensing

    June 02, 2013 5:02 PM EDT Warner Music Group on Sunday became the first major record company to sign both a publishing and a recorded music licensing deal with Apple Inc. for the upcoming Internet radio service that many have dubbed "iRadio," sources say. Unive ...

  3. Pandora Sees Quarterly Gains in Subscription and Mobile Revenue

    May 23, 2013 5:02 PM EDT Pandora's gains in its most recent fiscal quarter were helped by an increase in subscribers that stemmed from the listening caps the company placed on mobile listening in March. The company added over 700,000 net new subscribers to its Pa ...

  4. Business Matters: Why are Live Nation and Pandora Shares Outperforming the Market?

    May 22, 2013 6:16 PM EDT Stock markets have had a great run in 2013, but shares of Live Nation and Pandora have fared even better. Live Nation shares are up 46% this year. Pandora shares are up an incredible 78%.   Some of the companies' gains can be attributed to ...

  5. Freemium: Making Money by Giving Away the Goods (Research)

    May 21, 2013 6:36 PM EDT For years, music has operated on selling things -- vinyl, cassettes, CDs and now downloads. Then came advertising on radio and elsewhere. But there’s a third way -- freemium, a combination of free and premium offerings. Examples of this in music ...

  6. Business Matters: What if Pandora Did Direct Licenses?

    May 16, 2013 4:32 PM EDT What would happen if Pandora did direct deals with major labels? Less than you might think. As long as Pandora continues to operate as a statutory service, artists would receive 50% of performance royalties -- the same share they currently ge ...

  7. Exclusive: Pandora's Plan to Share More Streaming Data With Artists

    May 14, 2013 7:59 PM EDT Stung by accusations that it doesn’t pay enough royalties to artists, Pandora Media has been quietly working on a tool that would demonstrate the company's value by giving artists more information on how their songs perform on its Interne ...

  8. Google Signs Universal, Sony for On-Demand Music Service

    May 14, 2013 6:50 PM EDT Google Inc. has landed licensing deals with Sony Music Entertainment and Universal Music Group to introduce an on-demand music streaming service that would compete with Spotify, Rhapsody and others, according to executives knowledgeable with the ...

  9. Apple, Universal Music Group Reach Agreement for iRadio Service: Report

    May 09, 2013 10:14 PM EDT Universal Music Group has agreed to license its songs to Apple Inc.'s proposed iRadio streaming service, according to the Financial Times.  With the largest record company in the bag, the Cupertino, California, hardware company now only nee ...

  10. Pandora's Cap on Mobile Listening Causes Drop in Streams

    May 07, 2013 8:00 AM EDT Pandora’s monthly listening caps pulled down listener hours in April without resulting in a corresponding fall in unique listeners, the company's CFO revealed Monday evening.   The Internet radio business' listener hours dropped 12% to ...

  11. After a Decade of iTunes Dominance, Apple Has a Tough Choice: Guest Post by Jason Herskowitz

    April 25, 2013 5:45 PM EDT Jason Herskowitz is a core contributor and co-founder of Tomahawk, an open-source music platform that creates a music aggregation and interoperability layer across music providers. Last month, he wrote an guest post for Billboard.biz called “ ...

  12. Business Matters: Twitter #Music Has Potential -- But It’s Limited

    April 18, 2013 6:33 PM EDT The Twitter #Music service launched to the public Thursday is a smart tactical move and a decent music discovery tool. But unless efforts are made to widen its potential reach, Twitter #music will play a small role for the social media company ...

  13. SiriusXM Launches MySXM Interactive Internet Radio Feature

    April 15, 2013 1:49 PM EDT SiriusXM Satellite Radio launched its answer to Pandora on Monday. Called MySXM, the feature creates an interactive Internet radio service by allowing users to personalize existing SiriusXM stations. The feature is available to all subscribers ...

  14. What Our 200 Million Registered Listeners Can Mean for Under-the-Radar Musicians: Guest Post by Pandora Founder Tim Westergren

    April 12, 2013 7:00 AM EDT Every artist can remember the first time their music got played on radio. The impact of a local DJ adding the song in rotation, or even just a single spin is huge. For my band, it was KFOG in San Francisco, winter 1994. We were ecstatic. We ...

  15. Rock Block: When Employers Ban Facebook, YouTube, Twitter, Pandora, Spotify

    April 05, 2013 2:37 PM EDT Don’t assume your music or social media messages are always making an impression during working hours. That’s the takeaway of a survey of more than 500 IT departments around the country by Modis, an IT staffing and recruiting agency. A telephone ...

  16. Subscription-Music Wars: The Greatest Trick the Majors Have Ever Pulled Off: Guest Post by Jason Herskowitz

    March 21, 2013 4:05 PM EDT Jason Herskowitz is a core contributor and co-founder of Tomahawk , an open-source music platform that -- among other things -- creates a music aggregation and interoperability layer across music providers. He talks endlessly on Twitter about ...

  17. Pandora CFO Predicts Better Scaled Royalty Payments, Points to Increased Mobile Monetization

    March 20, 2013 12:52 PM EDT Internet radio giant Pandora believes it can lower its royalty costs as a share of revenue by roughly 20 percentage points over the next one to three years, the company's new chief financial officer said Tuesday.   Pandora believes its cont ...

  18. SXSW Q&A: Pandora CTO Tom Conrad on Mobile-Streaming Cap, Internet Radio Fairness Act, More

    March 15, 2013 4:56 PM EDT As Chief Technology Officer at Pandora, Tom Conrad has led product development for the dominant Internet radio company since its inception nearly 10 years ago. Since then, the company has grown to occupy 8% of all radio play and 134 million regi ...

  19. Business Matters: Who Might Pandora's Next CEO Be?

    March 08, 2013 3:54 PM EST In the flurry of words written about Pandora over the past months and years, people tend to forget what it actually is. Pandora is not a social media company, although you might think otherwise reading some financial magazines. It’s not an Inte ...

  20. Pandora CEO Joe Kennedy Stepping Down to 'Recharge'

    March 07, 2013 6:29 PM EST Joe Kennedy, who has been at the helm of Pandora Media for nearly a decade, on Thursday announced he will sign off as the Internet radio company’s chief executive soon as a replacement CEO is named. “I love this business, which I helped create ...

  21. Pandora Revenue Doubled Last Year; Shares Up Nearly 20%

    March 07, 2013 6:28 PM EST Pandora got a lift from rising mobile revenue as its revenue more than doubled in the fiscal year ended January 31st. Revenue increased 56% to $427.1 million while mobile revenue rose 105% to $255.9 million. Net loss deepened to $38.1 million f ...

  22. Apple Is Pitching Labels Half of Pandora's Royalty Rate for Upcoming Internet Radio Service

    March 07, 2013 3:41 PM EST Apple has pitched record labels a per-stream royalty of 0.06 cents per stream, or half of what pure-play webcasters like Pandora currently pay for performing sound recordings, for its upcoming Internet radio service, according to a record labe ...

  23. Business Matters: Reaction to Pandora's Mobile Listening Cap

    February 27, 2013 9:36 PM EST Pandora made it through one listening cap and it is likely going to make it through its second one. Founder Tim Westergren, who happened to be in Washington, D.C., a day earlier speaking out against the royalty system that resulted the listening ...

  24. ASCAP President Paul Williams, Songwriters Josh Kear, Dan Wilson Make Royalty Case to Congress

    February 27, 2013 10:35 AM EST Above, L-R: Songwriter Josh Kear, co-chair of the Congressional Songwriters Caucus Rep. Martha Blackburn, songwriter Dan Wilson and ASCAP president Paul Williams Yesterday, at the Rayburn House Office Building on Washington D.C.'s Independenc ...

  25. Google In Talks For Music Streaming Service

    February 23, 2013 5:16 AM EST Google is in the process of negotiating licensing fees for a music streaming service akin to Spotify, Mog, Deezer and others, according to several published reports and first reported by the Financial Times.   The news comes as Google is in t ...

  26. Op-Ed: We Wouldn't Mind Getting Less Money From Pandora and Spotify, Indie Musician Says

    February 13, 2013 10:27 AM EST My name is Patrick Laird and I am an independent musician with Break of Reality, an American cello rock band. Recent articles in national newspapers and magazines have focused on how working musicians are being underpaid by Internet radio compa ...

  27. Business Matters: Pandora Pauses, But Internet Radio on the Rise

    February 07, 2013 5:26 PM EST Pandora's growth flattened out in January, but Internet radio will continue to grow in 2013 and beyond.   Pandora, the most popular Internet radio service in the U.S., saw its listener hours remain at 1.39 billion for the second straight mon ...

  28. Spotify to Pay Rights Holders $500 million in 2013, Chief Exec Daniel Ek Says at Founders Forum Event

    February 05, 2013 9:13 PM EST Above, L-R: Universal Music Group president of global digital business Rob Wells and Spotify chief executive Daniel Ek (Photo credit: Phil McCarten)   Spotify chief executive Daniel Ek on Tuesday said his company expects to pay rights holders ...

  29. Business Matters: Pandora, Live Nation, Sirius XM Stocks Riding High

    February 01, 2013 7:08 PM EST The stock market reached new highs Friday as the Dow Jones surpassed 14,000 for the first time since 2007, but music-related stocks have performed even better recently. Shares of Pandora, Live Nation and Sirius XM are up between 11.8% and 24.7% ...

  30. Universal Music Publishing Plots Exit From ASCAP, BMI

    February 01, 2013 4:10 PM EST On the heels of Sony/ATV and EMI striking a deal to directly license their music to Pandora , Universal Music Publishing has notified ASCAP and BMI that it too will no longer rely on the two performance rights organizations to negotiate digit ...

  31. Pepsi, Vevo to Spotlight Best New Artists, 'X Factor' Winner Tate Stevens During Grammys

    January 24, 2013 7:01 PM EST Pepsi, with Pandora and Vevo, have announced a collaboration for the Grammy Awards primarily based around the "Best New Artist" award.   Pepsi, the official presenter of the "Best New Artist" category this year, has teamed wi ...

  32. LyricFind Partners with Gracenote, Gets Investment from Larry Marcus

    January 16, 2013 6:37 PM EST LyricFind will now power all of Gracenote's lyric services as part of the companies' new partnership. Gracenote, whose database powers a range of music and video services, will not take an equity stake in LyricFind and will not have an o ...

  33. Business Matters: Relaunched Myspace Is a Success as Music Service -- But As a Social Network? We'll See ...

    January 16, 2013 2:43 PM EST The redesigned Myspace finally opened up to the public Tuesday. A year and a half in the works, the site is both a social network and a music discovery destination.   The new Myspace would be a success if success were determined on style points al ...

  34. Exclusive - SoundExchange Financials: How Much Paid vs. How Much in Limbo?

    December 24, 2012 4:03 PM EST SoundExchange had a $363 million balance of funds on December 31, 2011 on its form 990, the annual reporting form for non-profits in the U.S., according to Billboard.biz's review of the document. That large balance, representing royalties to ...

  35. Billboard.Biz Readers' Survey Results, Part 3: The Biggest Issue Facing the Music Business Is ... ?

    December 21, 2012 7:00 AM EST As part of our year-end special, we asked you, the audience three specific questions about 2012 -- and we got dozens of thoughtful, intelligent, well-considered responses. In the last of three questions we asked the industry "What will the mo ...

  36. Deezer Reaches 3 Million Subscribers, Launches Free Service, Adds Features

    December 19, 2012 5:59 PM EST The subscription marketplace is looking more and more like a two-horse race. French subscription service Deezer is launching a free, ad-supported version of its music service in more than 150 countries Thursday (Wednesday in the U.S.) and a host o ...

  37. Billboard.Biz Readers' Survey Results, Part 1: Most Important Event of 2012

    December 19, 2012 7:00 AM EST As part of our year-end special, we asked you, the audience three specific questions about 2012 - and we got dozens of thoughtful, intelligent, well-considered responses. Rather than dropping all of that knowledge in one big pile, we're publi ...

  38. Music Biz 2012: A Look Back at a Tumultuous Year

    December 14, 2012 8:13 AM EST In what has to be the most memorable quote about our industry in recent memory, David Geffen -- during an event for the recent documentary about his towering career -- said "I'd kill myself" rather than get into the music business t ...

  39. Pandora Expands Beyond U.S. for First Time, Launches in Australia, New Zealand

    December 10, 2012 8:01 PM EST Pandora Media on Monday officially expanded outside of its home territory in the United States, bringing its streaming radio service to Australia and New Zealand. The Oakland, Calif.-based Internet radio company announced in a filing with the Secu ...

  40. Business Matters: Streaming Services Pay Far Better Than Terrestrial Radio

    December 10, 2012 7:02 PM EST Some artists don't like what they're paid by streaming services. But the problem may stem from artists comparing streaming rates to purchases rather than what they get from terrestrial radio. Compared to terrestrial radio, by far the mos ...

  41. Morning Fix: Live Nation Going to Russia; Pandora Stocks Plummet; UMG/EMI Outline Germany Plans

    December 05, 2012 8:45 AM EST Head HERE to subscribe to Billboard's Morning Fix email and our other free music-business newsletters LIVE NATION EXPANDING TO RUSSIA: Like Apple iTunes , Live Nation Entertainment has announced it plans to expand operations to the Russian li ...

  42. Pandora Shares Plummet on Sour Fourth-Quarter Forecast

    December 04, 2012 5:49 PM EST Investors pushed the panic button on Pandora Media Inc.'s shares on Tuesday immediately after the Internet radio company released a disappointing fourth-quarter financial forecast that triggered a 21% slide in its stock price. The Oakland, Ca ...

  43. Video: Donald Passman on 'All You Need to Know About the Music Business,' and Digital Advice for New Artists

    December 04, 2012 3:58 PM EST For more than two decades, Don Passman has watched a number of business models come and go as he built up a legal practice guiding artists through an ever-changing thicket of licensing deals and other contractual arrangements. Passman, who represe ...

  44. Three Songwriter Organizations Oppose Internet Radio Fairness Act

    December 03, 2012 2:14 PM EST In the last three weeks, three coalitions of songwriter organizations have written letters to congress opposing the Internet Radio Fairness Act (IRFA) while asserting that songwriters royalty rates paid by services like Pandora are too low and nee ...

  45. Songwriter Organizations Pen Letter to Congress Opposing Internet Radio Fairness Act

    November 28, 2012 9:32 PM EST In conjunction with the House Intellectual Property Subcommittee hearing on music licensing reform held Wednesday, four songwriter organizations collectively wrote a letter to Congress opposing the Internet Radio Fairness Act. Radio Broadcasters G ...

  46. Vevo: We've Paid Artists $200 Million Since 2009

    November 28, 2012 9:10 PM EST Vevo announced Tuesday at the Business Inside: Ignition Conference in New York City that the company has paid back $200 million in revenue back to the music industry since being founded in 2009, a figure it touted as higher than any other music-vi ...

  47. Radio Broadcasters Get an Earful at Internet Radio Fairness Hearing

    November 28, 2012 4:52 PM EST In a Congressional hearing that was supposed to be about Internet radio royalties , lawmakers and speakers instead spent a good portion of their time taking aim at the National Broadcasters Association for not having to pay performance royalties t ...

  48. Internet Royalties Showdown in Washington Wednesday: What to Expect

    November 27, 2012 6:01 PM EST Major stakeholders are expected to make their case on Wednesday in a Congressional hearing that will set the stage for what is likely to be a long battle over Internet radio royalty rates. At stake are hundreds of millions of dollars in fees paid ...

  49. Internet Radio Fairness Act Would Spur Innovation: Guest Post by AccuRadio's Kurt Hanson

    November 27, 2012 4:43 PM EST As the House Judiciary Subcommittee on Intellectual Property, Competition and the Internet prepares for tomorrow's hearing on music licensing, the debate within the music community has rapidly gained momentum. Following a related post by Down ...

  50. House Judiciary Subcommittee Announces Internet Royalties Hearing For Nov. 28

    November 21, 2012 6:05 PM EST The debate over Internet radio royalties is headed to Washington D.C. The House Judiciary Subcommittee on Intellectual Property, Competition and the Internet will hold a hearing on Wednesday, November 28 on the topic of music licensing. No witness ...

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