Calling radio station purchase a 'stunt', BMI sues Pandora
0. phoneArena 14 Jun 2013, 01:13 posted on
The other day, we told you how buying a radio station in Rapid City, South Dakota, would allow Pandora to lower the amount of money it pays to music publishers and record labels for streaming music from their artists; the purchase of KXMZ-FM would allow Pandora to do what some of its rivals do. For example, iHeartRadio not only has a streaming music service, it also owns a number of terrestrial radio stations...
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1. o0Exia0o (Posts: 347; Member since: 01 Feb 2013)
And why should Pandora have to pay more than "terrestrial" radio stations when they provide the same services?
3. Droid_X_Doug (Posts: 5724; Member since: 22 Dec 2010)
Because BMI and company are greedy monopolists?
4. sprockkets (Posts: 1160; Member since: 16 Jan 2012)
BMI and ASCAP are evil bastards. Imagine making your own music and selling it, things that are quite possible in today's market, but being forced to pay royalties on your music to these asshats, then getting it right back minus tons of fees.
5. Diazene (Posts: 123; Member since: 01 May 2013)
well, 1.7% is pretty low (even 4.1% is), especially that they don't even have to broadcast anything or license spectrum
BTW, I'm not supporting BMI or anything, I think all that money should go to artists
6. xmusicianguy (Posts: 96; Member since: 13 Jul 2011)
I'm a musician, singer/songwriter as well as cellphone addict. But I agree. Whatever the labels and ASCAP want is MUCH more than the artist EVER sees. They make MOST of their money from concert/merch sales. Check out the YouTube video, How to get a $1 million contract and owe the label! Honestly its better going on a indie label or doing on ones own. Thats what I will be doing.