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Published 16.11.2013 | Author : admin | Category : Online Money Making

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Pandora founder Tim Westergren has hit back at criticism of his company’s payouts to artists. Another motivation for revealing the figures is made clear in the post: lobbying for lower royalty rates. Westergren may be on thin ice, though, boasting about Pandora’s payouts in the same blog post as demanding lower royalty rates.

Rumours that Liberty Media subsidiary Sirius XM may bid for Pandora continue to rumble, yet Liberty CEO Greg Maffei has concerns about the business models around streaming music. We encourage you to share and republish our reports, analyses, breaking news and videos (Click for details).
In a blog post, he claims that over the next year, Pandora will pay more than $10k each to more than 2,000 artists, and more than $50k each to over 800 artists.
Drake and Lil Wayne are fast approaching a $3 million annual rate each,” writes Westergren.

This time it’s on the direct impact on marketing when an artist records an audio message as part of one of the Pandora Premieres initiative.

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