Pandora Preparing to Pay $90 Million for Pre-1972 Recordings
That’s according to the New York Post, which is now reporting that Pandora has agreed to settle over the contentious issue of pre-1972 recordings. Specifically, the legal question has been whether companies like Pandora are responsible for paying performance royalties for recordings released prior to that date.
The $90 million payout would pale in comparison to a recently-ordered $210 million for Sirius XM Radio, though Pandora’s settlement apparently only covers 2
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