Thursday, June 27, 2013

Pandora responds to Pink Floyd over royalty dispute

Pandora is disputing claims made this week by Pink Floyd regarding the company’s efforts to reduce artist royalties from internet radio.

USA Today published an op-ed piece written by the iconic band that suggested Pandora was trying to convince the US Congress to lower artist royalties by 85% while simultaneously asking artists for their support…read more about it here.

“We have enormous respect for the members of Pink Floyd, and their amazing artistic contributions,” began a statement from Pandora published by Business Insider. “We also respect the genuineness of their opinion.”

“Unfortunately, they have been given badly misleading information – the result of a well-orchestrated campaign by the RIAA and their lobbying arm to mislead and agitate artists.

“A glaring example is the assertion that Pandora supports an ‘85% artist pay cut.’ That is simply not true.

“We never, nor would we ever, support such a thing. In fact, Pandora has suggested solutions that would guarantee no reduction in artist payouts while also nurturing the growth of internet radio -- a medium that is crucial to thousands of independent musicians who don’t enjoy major label support or FM radio exposure.

“This much is true: Pandora is by far the highest paying form of radio in the world and proudly pays both songwriters and performers.

“For perspective, to reach the exact same audience, Pandora currently pays over 4.5 times more in total royalties than broadcast radio for the same song. In fact, at only 7% of U.S. radio listening, Pandora pays more in performance royalties than any other form of radio.”

Stay tuned.

Pink Floyd Pink Floyd

See also:

Pink Floyd: Pandora leads internet radio royalty ripoff
Pink Floyd fan jailed for loud late-night album sessions
Pink Floyd: In The Studio marks Dark Side Of The Moon’s 40th anniversary
Pink Floyd guitarist dismissed producer’s idea to add rap to the band
Pink Floyd: Dark Side Of The Moon inspires BBC radio play
Pink Floyd’s Dark Side Of The Moon added to Library Of Congress
Pink Floyd’s Animals featured on In The Studio
VIDEO: Roger Waters discusses The Wall on The Daily Show
Pearl Jam: Eddie Vedder joins Roger Waters at Sandy concert
VIDEO: Roger Waters - The Wall 2013 European tour press conference
Roger Waters working on new music
Pink Floyd’s former North London home sells for £1.2 million
Pink Floyd’s former North London home for sale
Pink Floyd’s Momentary Lapse Of Reason featured on In TheStudio
AUDIO: Pink Floyd jamming during the 1969 Moon landing
Pink Floyd: The Wall Retrospective opens in London next week
VIDEO: Pink Floyd – The Story Of Wish You Were Here DVD preview
VIDEO: Behind the scenes of Pink Floyd’s 2011 reunion
VIDEO: Roger Waters brings Pink Floyd’s The Wall back to North America
Pink Floyd: Dark Side Of The Moon hits 800th week on US charts
TODAY: David Gilmour offers free download on his birthday
VIDEO: Pink Floyd – Behind The Wall parts 1-3
Pink Floyd: Roger Waters marries for the fourth time
Pink Floyd: David Gilmour denies 2012 Olympics reunion
Pink Floyd to reunite for 2012 Olympics?
Christmas Rock: Very rare Pink Floyd
AUDIO: Pink Floyd – A Foot In The Door radio special
Roger Waters to wed for the fourth time
Pink Floyd guitarist’s son released from jail
New Pink Floyd App launched