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ASCAP to Pandora: Not So Fast

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(6/14/2013 2:16:13 AM)   Flag as inappropriate content
So Pandora thinks that ASCAP and BMI should cut their pricing, so that Pandora stockholders and top executives can get rich? What gall and arrogance. Pandora deserves to fail miserably, and they will because they are making one fatal mistake: they think ASCAP and BMI need Pandora. Guess what Timmy boy... THEY DON'T NEED YOU!
- Bob
(6/13/2013 9:12:27 PM)   Flag as inappropriate content
Pandora's problem is that while consumers want their product, they aren't willing to to pay for it, at least not at the point that Pandora can make money. It's not complicated, Pandora is just a bad business model.

- Bill P
(6/13/2013 7:17:00 PM)   Flag as inappropriate content
This is a tough argument. There's a major difference between "pure play" outlets like Pandora and streaming radio station programming. The ability of the consumer to choose the music is the key difference. Pandora will probably be a trivia question in a few years because the cost of rights to music is more than the business can sustain.
- John Hendricks
(6/13/2013 1:53:22 PM)   Flag as inappropriate content
Good for ASCAP. Pandora knew, or should have known, the rules before they got into the business. It's not ASCAP's problem that Pandora is a giant VC black hole.
- Ed
(6/13/2013 11:48:13 AM)   Flag as inappropriate content
ASCAP has been caught with their pants down. They are protecting their Clear Channel and other mega broadcast partners from fees not paid by solely internet broadcast. While i agree that an FCC license is not a guarantee of internet access, it was the criteria selected by ASCAP to have a two tier royalty system that is elevated for the internet only streamers. either tell Clear Channel no discount, or make it equitable for all.
- Lare Dean
(6/13/2013 11:13:45 AM)   Flag as inappropriate content
Pandora is brilliant. This move should help to bring inequity to light. Level the playing field for all players. Don't tax new media.
- Joe C
(6/13/2013 10:26:50 AM)   Flag as inappropriate content

I should add that if Pandora is serious about being in radio as opposed to be like my "old 8 track tape player" then the company needs to buy a full power commercial, FM Radio Station in one of the Top 10 markets, preferably LA or NY.

It will be a good lesson for Pandora and help them realize that what they are offering is nothing worthy.

- Joe B

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