Decide guidelines Pandora has to extend royalty payouts to BMI
Pandora’s propensity for litigation is fairly storied by this level, nevertheless it looks like the web-radio outfit’s luck has run out. A New York decide has dominated that Pandora should increase its payout charges to Taylor Swift’s music publishing home BMI, from 1.seventy five % of its income to 2.5 %, in accordance with The New York Occasions. The complete ruling continues to be being stored underneath wraps in the mean time, however naturally, Pandora says it will attraction the choice. Provided that an appeals decide lately dominated within the outfit’s favor to maintain royalty payout charges from rising, it is not clear what might occur on this occasion. For artists’ sakes, let’s hope that historical past does not repeat itself right here.
[Image credit: Getty Images for TS]