Pandora Says Pink Floyd is Wrong
The fee fight continues between artists and the online audio service Pandora. Pandora representatives have responded to a an op-ed piece written by the surviving members of Pink Floyd that appeared in USA Today. The piece was critical of Pandora for going to Congress to ask for a reduction in the fees paid to play music. It said Pandora was asking artists to take an 85% pay cut. Pandora says the legendary group was given some bad information and the online service, by far, is the highest paying form of radio in the world.
Here's the full Pandora response to Pink Floyd:
“We have enormous respect for the members of Pink Floyd, and their amazing artistic contributions. We also respect the genuineness of their opinion. Unfortunately, they have been given badly misleading information – the result of a well-orchestrated campaign by the RIAA and their lobbying arm to mislead and agitate artists. A glaring example is the assertion that Pandora supports an “85% artist pay cut." That is simply not true. We never, nor would we ever, support such a thing. In fact, Pandora has suggested solutions that would guarantee no reduction in artist payouts while also nurturing the growth of internet radio -- a medium that is crucial to thousands of independent musicians who don’t enjoy major label support or FM radio exposure."
"This much is true: Pandora is by far the highest paying form of radio in the world and proudly pays both songwriters and performers. For perspective, to reach the exact same audience, Pandora currently pays over 4.5 times more in total royalties than broadcast radio for the same song. In fact, at only 7% of U.S. radio listening, Pandora pays more in performance royalties than any other form of radio.”
Here's the original USA Today Pink Floyd op-ed
(6/27/2013 12:09:12 AM) |
Fact: Pandora is not radio.
Fact: Radio is not what it needs to be in order to gain and hold a growing number of listeners.
Conjecture: Media pays too much/too little for the product (music) it presents.
|- Ronald T. Robinson|
(6/26/2013 4:13:41 PM) |
It doesn't look like Pink Floyd or most other bands know math. Here's a great breakdown that explains what they are really getting paid.
Mostly it seems like Pandora is doing a terrible job at PR.
|- Math Major|
(6/26/2013 2:43:45 PM) |
Pandora is here, and making quite the impression. Where else can you get a music experience specialized to you, and your interests. I work in FM Broadcasting, and you look at the market demographic when you choose a format, but you will NEVER reach everyone. Pandora has the power to reach every person with internet and a computer. It is safe to assume that people in "Radio" are mad simply because they didn't think of something like Pandora first. I agree that it isn't radio. There are no segues
|- Brandon Monroe (KMEM FM)|
(6/26/2013 1:05:48 PM) |
Pandora is not radio. To let that go unchallenged is a weird kind of Orwellian or Chomksy-esk perversion of terms. Allowing such to be said without making the proper distinction is tacitly granting a kind of undeserved legitimacy to the non-radio entity.
|- Ed K.|
(6/26/2013 12:18:10 PM) |
A rather kind and generous public response from Pandora. If what Pandora says is true, it raises the question of why members of Pink Floyd would publish such a misleading oped. Are they deliberately shilling for the RIAA? Or did they just not bother to get their facts straight before publishing? Neither scenario reflects well on them. Not that they likely care. They're sitting pretty now thanks to the RIAA back in the day. So they can publish whatever they damn well please. It's all publicity.
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