Originally published on Wed January 22, 2014 8:32 am
Pandora is facing off with the American Society of Composers, Authors and Publishers (ASCAP) in federal court today to determine how much money the online radio giant should pay for the use of their compositions.
Pandora pays 4.3 percent of its revenues to ASCAP publishers and songwriters. It pays about half its revenue to record labels and performers. The decision could have an impact on the evolving digital music industry.
Jason Bellini of The Wall Street Journal joins Here & Now’s Jeremy Hobson with details.