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The Internet Radio Death Watch
,----[ Quote ]
| Don't forget, vast illegal file-sharing networks are still operating just a
| few clicks away. The RIAA's legal Whac-A-Mole has barely slowed them down. If
| this unfair royalty scheme kills off legal, legitimate businesses like
| Pandora and the recently shut-down Muxtape, those users will simply go
| somewhere else. And that destination is more likely to be BitTorrent than a
| record store. The record industry may think it is killing off Internet radio,
| but it's merely opening Pandora's box.
`----
http://www.pcmag.com/article2/0,2704,2328508,00.asp
Recent:
Pandora Reaching Its Epilogue?
,----[ Quote ]
| Many are predicting the upcoming demise of the company as a result of a
| federal panel ruling ordering them to pay twice the royalties to artists that
| ^^^^^^^^^^^^^^^^^^^^
| they already were.
`----
http://www.webpronews.com/topnews/2008/08/18/pandora-reaching-its-epilogue
Pandora can't make money, may pull the plug
,----[ Quote ]
| Buckling under the weight of the Internet radio royalty hike that
| SoundExchange pushed through last July, Pandora may pull its own plug soon.
| Despite being one of the most popular Internet radio services, the company
| still isn't making money, and its founder, Tim Westergren, says it can't last
| beyond its first payment of the higher royalties
`---- ^^^^^^^^^^^^^^^^
http://arstechnica.com/news.ars/post/20080818-pandora-cant-make-money-may-pull-the-plug.html
Royalty fee 'to damage net radio'
,----[ Quote ]
| Hundreds of US net radio stations face potential closure from Monday when
| they will be expected to comply with a new royalties ruling for playing
| music.
|
| Smaller stations face a payment increase of 1,200% while larger station could
| owe up to 300% more, lobby group SaveNetRadio has said.
`----
http://news.bbc.co.uk/1/hi/technology/6896152.stm
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