Internet radio leader Pandora was ordered Wednesday to pay 21 percent more in royalties to record labels, a modest increase that the company hoped would allow growth.
Internet radio leader Pandora has won a court battle with the music publishing society known as ASCAP (AZ-cap) that could help it lower its royalty payments.
One of the biggest challenges facing Brian McAndrews, the new CEO of Pandora, will be renegotiating the royalty rates the Internet radio giant pays to the music industry.
The music industry's largest record companies are suing Sirius XM Radio Inc. for royalties it says the satellite radio company didn't pay for recordings from before 1972.
The United States announced Thursday an investigation of alleged officially sanctioned intellectual property theft in Ukraine, a move which could result in trade retaliation by Washington.
The United States singled out Ukraine on Wednesday as a major center of intellectual property theft, saying that the government itself has been behind the growth in piracy in the country.
The clash over music royalties for Internet radio moved to Capitol Hill Wednesday, as lawmakers opened debate on a proposal to revamp the fee system.
Google Inc. has reached a licensing deal with representatives of European music publishers, artists and composers in which the U.S. online giant and its customers will gain access to 5.5 million musical works across 35 countries ...
Online music service Pandora isn't sweating over recent media reports that Apple is developing a similar offering tailored to personalized music tastes.
A push to lower music royalties paid by Internet radio has created political disharmony in Washington.