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Pandora enters licensing agreements with ASCAP, BMI
2015-12-23 09:09:00| Telecompaper Headlines
(Telecompaper) Music discovery platform Pandora, and American Society of Composers, Authors and Publishers (ASCAP) and music rights management company BMI announced the signing of two separate multi-year licensing agreements for their combined catalogs of more than 20 million musical works. The deals put an end to legal battles between the music platform and songwriters and publishers. These deals create business benefits for Pandora, while modernising compensation in the US for ASCAP and BMI songwriters and publishers. In connection with the signing of the BMI agreement, Pandora agreed to withdraw its appeal of the May 2015 order in the recent BMI rate case.
Tags: licensing
agreements
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Category:Telecommunications