Pandora founder Tim Westergren denied claims that musicians earn peanuts from streaming services and said today at SF MusicTech that lower royalty rates would bolster innovation. “There are a couple artists making over $2 million on Pandora. Some artists making over $100K a year.”
Of the rumor that artists only make $15 a year from streaming services, Westergren said, “that’s far, far from… → Read More
This afternoon at The Web 2.0 Summit, Pandora Co-founder Tim Westergren sat down with Fortune Editor Adam Lashinsky to talk about what’s going on at everybody’s favorite personalized radio platform. For those who may have missed it, Pandora recently enjoyed a relatively high-profile IPO, putting its “P” ticker symbol right smack in the middle of “IPO” — and the NYSE. And its stock has remained… → Read More
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