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Friday, July 31, 2015

Pandora's Attempt To Lower BMI Rate Thwarted





Pandora's Attempt To Lower BMI Rate Thwarted
Jul 30th 2015, 18:41
According to a new report by Law360, New York federal judge Louis Stanton denied Pandora's motion to alter his previous decision ordering the music-streaming company to pay a 2.5 percent royalty rate to BMI. Pandora felt that since it purchased KXMZ/Rapid City, SD that it should pay the lower rate negotiated by the Radio Music License Committee.