Saturday, April 19, 2014
Advertisement:
What is RSS/XML?
Subscribe to FMQB News.

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
Report: Two-Thirds See Radio As Local
L & L And Alpha Merge As Alpha Media
In Brief - April 17, 2014
FMQB FYI... Links You Should Know About
April 16, 2014
BIA/Kelsey Says "The Internet Radio Revolution Has Arrived"
In Brief - April 16, 2014
April 15, 2014
Alan Chartrand Named Market President For CCM+E-Boston
CBS Radio New York SVP Market Manager Don Bouloukos To Retire
In Brief - April 15, 2014
April 14, 2014
CCM+E Research Report: The Power of Personality
In Brief - April 14, 2014
April 11, 2014
The Week In Review: 4/7-4/11
eQB NOW
Major Labels Sue Megaupload
In Brief - April 11, 2014
FMQB FYI... Links You Should Know About
April 10, 2014
BIA/Kelsey Predicts Continued Mobile Growth
Radio Disney & Dees Entertainment Announce Partnership
In Brief - April 10, 2014
April 9, 2014
Report: Apple Considering Retooling iTunes
In Brief - April 9, 2014
April 8, 2014
SNL Kagan Releases Report On Q1 Radio Station Sales
UMG Acquires Eagle Rock Entertainment
Music News
Prince And Warner Bros. Records Unveil New Partnership
Grohl & Novoselic Talk Nirvana's Hall Of Fame Night
Quick Hits: Coldplay, Forbes' wealthiest rappers, American Idol, Beck, The Whigs
AC/DC Will "Continue To Make Music"
Frozen Soundtrack Still Rock Solid In Sales
Quick Hits: Miley Cyrus, Jay Z & Beyonce, Made In America festival, Paul McCartney, The Who, Golden Gods Awards
Is AC/DC Really Retiring?
Quick Hits: Nirvana, Imagine Dragons, 2 Chainz, Muse, The Rolling Stones
Coachella Boasts Star-Studded Cameos In Weekend One
Quick Hits: Ed Sheeran, Lana Del Rey, Smashing Pumpkins, Janelle MonŠe & Kimbra
The Week In Review: 4/7-4/11
Nirvana, KISS & More Enter Rock Hall Of Fame
Demi Lovato and Jason Derulo To Stream Live Performances
Quick Hits: Capital Cities, Billboard Music Awards, Drake
Linkin Park Ready To Rock With The Hunting Party
FMQB NOW

Nick Petropoulos
Glassnote Entertainment
Group

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!