Pandora & Universal Music Publishing Reach Royalty Deal
July 3, 2013

Pandora and Universal Music Publishing Group (UMPG) have reached a short-term, direct royalty deal, which reportedly would pay out the highest royalty rate the popular music service has ever agreed to. A spokesperson for UMPG told Billboard.biz, "We can confirm that UMPG has worked out an arrangement with Pandora that we believe is in the best interest of our writers while ensuring Pandora access to our music through the end of the year."

However, Billboard notes that this agreement could be shot down in ASCAP rate court, which is expected to rule on a motion recently filed by Pandora, arguing that publishers can't cut their own direct royalty deals because they are under an ASCAP consent decree. Any music publishers attempting to reach direct royalty deals may still be obliged to legally accept ASCAP rates until the end of 2015.

Billboard adds that in making this deal, Pandora has avoided any potential liability for continuing to offer UMPG's catalog. Otherwise, if ASCAP rate court ruled against Pandora, the service would have been in violation of copyright as of this past Monday. Sources told Billboard that Pandora has also been in talks for a "grace period" while awaiting ASCAP's rate court decision, which is expected at the end of this month.

Warner/Chappell Music and BMG Chrysalis have also filed notices of intent to withdraw their digital rights from ASCAP, as of July 1, but sources told Billboard that Warner/Chappell has opted to delay its withdraw until January 1, 2014.

Earlier this week, The Financial Times revealed that Pandora Co-founder Tim Westergren had "a crucial meeting on Monday with music industry representatives following its latest row over royalty payments."




 
Breaking News
eQB NOW
Pandora Reports Increase In Revenue, Net Loss In Q2
WRQX/Washington, D.C. Announces New Morning Show
July 24, 2014
WQHT (HOT 97) New York Names Jay Dixon As Program Director
Townsquare Media, Inc. Announces Pricing of Initial Public Offering
iHeartRadio Survey Reveals Funniest Woman in America + Best Disney Song Ever
In Brief - July 24, 2014
July 23, 2014
Taylor Swift, Coldplay & More To Headline 2014 iHeartRadio Music Festival
CC Media Holdings Reports 1% Revenue Increase In Q2
CBS LOCAL Personalizes Event Discovery, Content Delivery With Agreement To Acquire Eventful
Jacobs Media's 6th Annual Public Radio Tech Survey Released
In Brief - July 23, 2014
FMQB FYI... Links You Should Know About
July 22, 2014
Clear Channel's iHeartRadio Partners With AdsWizz
Nielsen, Pointlogic Forge Strategic Alliance To Develop Next-Gen Media Planning Solutions
Pandora Hires Lars Murray As VP Of Industry Relations
In Brief - July 22, 2014
July 21, 2014
Evolve Music Group Signs Worldwide Agreement With Capitol Music Group
Second Annual KBA WKU Radio Talent Institute Underway
2014 Conclave Learning Conference Dates Announced
In Brief - July 21, 2014
July 18, 2014
Hubbard Radio Elevates Drew Horowitz To President/COO
The Week In Review: 7/14-7/18
CCM+E Names Jeff Davis OM For Greenville & Asheville Markets
Tony Cortez Upped to APD At KTFM/San Antonio
Music News
MTV Names Iggy Azalea New Host Of House Of Style
Quick Hits: Lil Wayne, Metallica, Pearl Jam, Lionel Richie
Quick Hits: Farm Aid 2014, Beyoncé, Ozzy Osbourne, Stevie Nicks
"Weird Al" Yankovic Lands First #1 Album Of His Career
Quick Hits: Hilary Duff, Pharrell & Miley Cyrus, Jack White, Ryan Adams, Mudvayne / Greg Tribbett
Godsmack Unleashes Epic "Generation Day"
Quick Hits: MAGIC!, One Direction, Kimbra, Uncle Kracker, Billy Joel
Weezer Goes "Back To The Shack"
Quick Hits: Avicii, iTunes Festival, Adam Levine, The Script, Demi Lovato, Johnny Marr
Upcoming Maroon 5 Album Features Gwen Stefani Duet
The Week In Review: 7/14-7/18
Quick Hits: Beyonce, Teen Choice Awards, Aaliyah, The Roots
Beyoncé Leads 2014 MTV Video Music Awards
Quick Hits: Bruno Mars, Kanye West & Iggy Azalea, Busta Rhymes, The Smashing Pumpkins, Pearl Jam, Johnny Winter
Sia's 1000 Forms Of Fear Is #1
FMQB NOW

Farshad Family, SVP
Local Media Product Leadership
Nielsen Audio

Advertisement:
Search FMQB.com
Advertisements:
FMQB Member Login
Email:
Pass:

Save
Not a member yet?
Sign up Now!
Sign Up for Breaking News!
Enter FMQB E-Tracking!