Pandora Settles Fights With ASCAP, Broadcast Music in Wake of Royalty Ruling
Through newly-forged deals, the music-streaming service Pandora has put an end to royalty disputes with Broadcast Music and the American Society of Composers, Authors and Publishers, according to a report published at AppleInsider.com.
The report says Pandora had been licensing songs from the two groups under rates set by the U.S. District Court in Manhattan, which intervened because the parties couldn’t agree, according to the Wall Street Journal. Pandora sued ASCAP in 2012 in a bid to get rates lowered, while Broadcast Music sued Pandora in 2013, hoping to get rates hiked.
“The latter request was granted earlier in 2015, leading to an appeal by Pandora. With a formal arrangement under its belt, the appeal has been withdrawn,” the report says.