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Wednesday, February 18, 2015

Pandora's Only Paying Songwriters about 4%


Despite the fact that Pandora's CEO called 2014 the "year of the working artist on Pandora," Digital Music News is reporting that while artists and record labels receive 50% of Pandora's revenue, songwriters are garnering only about 4%. According to the article, Pandora has gone to court twice to lobby paying songwriters less.

The guest post on DMN by David Israelite, the head of the National Music Publishers' Association, notes that while recording artists have some ability to negotiate their rates, songwriters have none. Isrealite says, "Ironically, Pandora is competing with and overtaking the actual purchasing of music, while claiming it spurs sales. Full article available Here.

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