1-17-2013
The New York Post reported yesterday that Sony/ATV has negotiated a 25 percent increase in royalties from Pandora. CEO Martin Bandier, told The Post: ?At the end of the day, we got a terrific deal for our songwriters. Our thinking has been vindicated. Hopefully it?s the first of many.? Pandora has been in talks with Sony/ATV management to hash out a new deal that is said to run for the next 12 months, according to the paper.
