{"id":5138,"date":"2015-04-09T11:39:37","date_gmt":"2015-04-09T11:39:37","guid":{"rendered":"http:\/\/skylight.gr\/administrator_wordpress\/index.php\/2015\/04\/09\/us-government-is-about-to-destroy-pandoras-business-model\/"},"modified":"2015-04-09T11:39:37","modified_gmt":"2015-04-09T11:39:37","slug":"us-government-is-about-to-destroy-pandoras-business-model","status":"publish","type":"post","link":"https:\/\/skylight.gr\/index.php\/2015\/04\/09\/us-government-is-about-to-destroy-pandoras-business-model\/","title":{"rendered":"US Government Is About to Destroy Pandora\u2019s Business Model"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/upload.wikimedia.org\/wikipedia\/en\/thumb\/a\/a4\/Flag_of_the_United_States.svg\/1235px-Flag_of_the_United_States.svg.png\" border=\"0\" width=\"220\" height=\"115\" \/><br \/>The US Department of Justice has now tentatively approved a plan that would allow publishers to directly negotiate their catalogs for digital usage, including online radio (ie, \u2018non-interactive streaming\u2019).\u00a0 According to details emerging this morning from Billboard, the DOJ is highly likely to approve a new system would replace 1940s government \u2018consent decrees\u2019 that pre-fix the royalty rates paid by streaming music companies.  <!--more-->  <br \/>That includes Pandora, which has so far enjoyed a low, per-play statutory rate to publishers and has ardently protested and lobbied against direct licensing.\u00a0 If the DOJ\u2019s recommendations pass, expect every major publisher to immediately start demanding more money, and\/or pulling their catalogs.<\/p>\n<p>Major publishers have been trying to get this done for years, especially given the meteoric rise of Pandora.\u00a0 As part of the consent decrees and recent court decisions, publishers are forbidden from selectively removing their catalogs from performance rights organizations (PROs) ASCAP and BMI, who administer performance rights across all platforms.\u00a0 With the change, publishers can now strike separate deals, and receive a far higher \u2018penny rate\u2019 from digital services, including digital streaming services.<\/p>\n<p>This change would have an immediate and dramatic impact on Pandora, a company that remains unprofitable, saddled with massive royalty expenses, and unhealthy on Wall Street.\u00a0 Under the new plan, major publishers are almost guaranteed to (a) force Pandora to pay dramatically higher rates on their catalogs, or (b) remove their catalogs if they don\u2019t receive those rates.<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>Source: Digital Music News<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The US Department of Justice has now tentatively approved a plan that would allow publishers&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","footnotes":""},"categories":[23],"tags":[],"class_list":["post-5138","post","type-post","status-publish","format-standard","hentry","category-music-news"],"_links":{"self":[{"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/posts\/5138","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/comments?post=5138"}],"version-history":[{"count":0,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/posts\/5138\/revisions"}],"wp:attachment":[{"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/media?parent=5138"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/categories?post=5138"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/tags?post=5138"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}