More on Pandora’s Bait and Switch Campaign

MTP readers will remember the short lived legislation to lower artist royalties that Pandora backed last year.  That was called the “Internet Radio Fairness Act” and it never came to a vote.  The House IP Subcommittee  held a hearing at which, I think it is fair to say, Pandora lost and lost big. We Will […]

Pandora CEO Joe Kennedy Tells Paul Resnikoff He Doesn’t Know How Much Money He Makes from Pandora

Must be nice to be able to forget your salary–Paul Resnikoff of Digital Music News gets the scoop: So let’s help Joe refresh his recollection. According to the Securities and Exchange Commission, Joseph J. Kennedy, Pandora’s CEO, President and Board Chair Director) was recently granted Pandora stock options totaling 1.35 million shares at $10.63, or […]

The Artists, United, Can Never Be Defeated

Yesterday on Capitol Hill did not quite go the way that the Internet Radio Fairness Coalition had in mind.  At all.  More about that will be written.  Mr. Chaffetz–more about him later, too–had asked Mr. Goodlatte for a hearing on the so-called Internet Radio Fairness Act, and a hearing he got.  I would say mostly a “listening” […]

Pandora’s Spinners Destroy Stock Price

Check out the performance of NYSE:P this week–Pandora’s Tim Westergren’s performance at the Future of Music Coalition Policy Conference was a new approach for a top executive of a public company.  Bring the spinners from the company’s shillery and the bots from the company’s trade association to do what?  Build up the company’s future with all the […]

The Education of Senator Wyden: Don’t break the artists…You can’t get away with the old RIAA Booga Booga Booga or that you’ll make it up on volume

Senator Ron Wyden revealed his well intentioned but startling lack of education about the dynamics of the opposition to the Internet Radio Fairness Act during his speech at the Future of Music Policy Summit yesterday, and it started with more of the same old whine: You’ll hear the record labels oppose this legislation, spend lots of […]