Pandora just bought an FM radio station in an effort to reduce its royalty rates. http://www.engadget.com/2013/06/11/pandora-buys-fm-radio-sta...
Pandora Paid Over $1,300 for 1 Million Plays
31–40 of 212 posts
Re: Pandora Paid Over $1,300 for 1 Million Plays
#32Earlier quoted context omitted.
Arguing that high royalties make it hard for Pandora to do business is just bullying and threatening. Obviously if sharing songs via violating copyright weren't an option, listeners would happily pay a little more for Pandora premium or endure a few more commercials. Instead, the public starts from the stance that music should basically be free, and artists are lucky to be paid anything at all. The purpose of statuto…
Did any musicians ever make a living off radio?
Re: Pandora Paid Over $1,300 for 1 Million Plays
#33Earlier quoted context omitted.
Compared to what, FM radio? Which pays NOTHING? Artists, get over yourself. The market is huge now, and your product value is approaching zero. But keep on flailing in the noose. EDIT: Half credit. Per dllthomas, "Per the article, FM radio pays royalties to the songwriter but not the performers."
FM radio pays royalties.
Re: Pandora Paid Over $1,300 for 1 Million Plays
#34"A good flatterer doesn't lie, but tells his victim selective truths (what a nice color your eyes are). Good PR firms use the same strategy: they give reporters stories that are true, but whose truth favors their clients." I have no idea if David Lowery's original post about making only $16.89 for 1 million plays was distributed by a PR firm, but it sure feels like it. PG's thoughts on PR are spot on, and I love refe…
Re: Pandora Paid Over $1,300 for 1 Million Plays
#35Its easy to complain about the low pandora royalties, but these artists are essentially trying to kill the golden goose. Pandora currently spends > 50% of revenue on royalties. Any increases would almost certainly lead to the end of the company. $0 is a lot less than $1,300 for 1 million plays.
Judging by what I have read, Pandora is not making much (if anything) so there's a limit on how much they can pay. Maybe the is not a feasible business model, or maybe someone else--other than the artist--is getting the lion share of the royalties.
To be a prospering model, rather than a struggling one, they might have to raise prices on customers while trying to hold royalty payments to a steady %.
The biggest potential threat to Pandora, other than the labels killing them with royalties, is Apple and Google.
Re: Pandora Paid Over $1,300 for 1 Million Plays
#36Earlier quoted context omitted.
Arguing that high royalties make it hard for Pandora to do business is just bullying and threatening. Obviously if sharing songs via violating copyright weren't an option, listeners would happily pay a little more for Pandora premium or endure a few more commercials. Instead, the public starts from the stance that music should basically be free, and artists are lucky to be paid anything at all. The purpose of statuto…
Did any musicians ever make a living off radio?
Re: Pandora Paid Over $1,300 for 1 Million Plays
#37"A good flatterer doesn't lie, but tells his victim selective truths (what a nice color your eyes are). Good PR firms use the same strategy: they give reporters stories that are true, but whose truth favors their clients." I have no idea if David Lowery's original post about making only $16.89 for 1 million plays was distributed by a PR firm, but it sure feels like it. PG's thoughts on PR are spot on, and I love refe…
Re: Pandora Paid Over $1,300 for 1 Million Plays
#38Earlier quoted context omitted.
Arguing that high royalties make it hard for Pandora to do business is just bullying and threatening. Obviously if sharing songs via violating copyright weren't an option, listeners would happily pay a little more for Pandora premium or endure a few more commercials. Instead, the public starts from the stance that music should basically be free, and artists are lucky to be paid anything at all. The purpose of statuto…
It's easier said than done to think that charging more and putting more commercial will still allow Pandora to retain the customers. If rdio, Spotify, Rhapsody all are offering similar service at lower rate, what's to stop the customers from going to other services?
Re: Pandora Paid Over $1,300 for 1 Million Plays
#39Its easy to complain about the low pandora royalties, but these artists are essentially trying to kill the golden goose. Pandora currently spends > 50% of revenue on royalties. Any increases would almost certainly lead to the end of the company. $0 is a lot less than $1,300 for 1 million plays.
Relevant opinion: http://www.usatoday.com/story/opinion/2013/06/23/pink-floyd-... > "We've heard Pandora complain it pays too much in royalties to make a profit. (Of course, we also watched Pandora raise $235 million in its IPO and double its listeners in the last two years.) But a business that exists to deliver music can't really complain that its biggest cost is music." Sounds reasonable enough to me. Do they have…
Re: Pandora Paid Over $1,300 for 1 Million Plays
#40Coming up next: An article titled "I coded in Silicon Valley for six years and only made $1,000[0]" [0] Not including salary.