Saturday, January 2, 2016

2015 Year-In-Review: Pandora

In 2015, Pandora struck direct deals with many music rights holders including ASCAP, BMI, BMG, Warner/Chappell & SONY/ATV.

AIMP members can click here to hear for free the National Music Publishing Association's David Israelite:

  1. Report some news about Pandora turning a new leaf in its publisher relations
  2. Share analysis of Pandora's paid vs. free subscribers and plans for the future
  3. Explain why he thinks Pandora's "rising tide" of direct deals with the majors will will "raise all boats" in music publishing:

David Israelite, Esq. of the National Music Publisher's Association Speaking in November 2015 at the Association of Independent Music Publishers

Pandora share prices closed 2015 at $13.41, down nearly 40% from their peak of over $22 per share in October, perhaps due to factors such as:

  • US Government Raises Master Webcasting Rates, which Pandora pays to SoundExchange
  • Pandora settled for $90 Million a lawsuit brought by major labels over pre-1972 recordings 
  • Recent acquisition costs:
Look for Pandora to expand into more on-demand services in 2016.

For more on Pandora, check out the links below, with which our readers engaged during 2015:

  • Pandora's share price tumbles 50% in a year - Music Business Worldwide
  • Sub Pop artist creates music-streaming site to mock Pandora, Spotify
  • More Teens Listen to Spotify and Pandora Than FM Radio ¦
  • NYT: @Pandora Readies for Another #Royalties Battle, This Time With @BMI - by @Sisario
  • Pandora's Shares are Losing Value, Sales Decline
  • Pandora Has No Comment About Payola In Direct Deal With Naxos Records - hypebot
  • Next Out Of Pandora's Box: Letting The Artists Speak To You, Literally | Fast Company | Business + Innovation
  • Pandora Making Bid to Unruffle Music World -
  • Pandora to release day pass for ad-free listening
  • Guest Post: Is Pandora's Licensing Deal With Classical Label Naxos Unfair to Professional Artists? | Billboard
  • Still just 1 woman on the @pandora board: Pandora Adds Former CEOs of AEG and EMI to Board of Directors | Billboard
  • .@DavidIsraelite @NMPA Responds to Roger Faxon, Saying '@Pandora Exploits Songwriters' | @Billboard
  • Because 1 token female on the board is enough? @Pandora pays members of music's old boys club to join its board /
  • Pandora loses 2m listeners and $48m in three months - Music Business Worldwide
  • Pandora earnings return to the same old song - CNET
  • Pandora didn't pay 50 employees for two years (P)
  • Pandora is paying out $0.0001 more per stream than it was last year - Music Business Worldwide
  • Billboard: @Pandora_Radio Wins in @ASCAP's Appeal of Payment #Rate by @EdChristman
  • @Pandora_Radio set to claw back $1.5m from songwriters with FM buy - Music Business Worldwide
  • Billboard: @Pandora_Radio Wins in @ASCAP's Appeal of Payment #Rate by @EdChristman
  • Pandora loses to BMI in #hearing over #royalty #rates, vows to #appeal
  • Pandora loses to BMI in #hearing over #royalty #rates, vows to #appeal
  • Court Rules that Pandora Has to Give BMI More Money... - Digital Music News
  • Court Rules that Pandora Has to Give BMI More Money... - Digital Music News
  • BMI hones in on some key points in its Pandora ruling | Complete Music Update
  • Judge Explains Why Pandora Must Pay 2.5 Percent of Revenue to BMI | Billboard
  • BMI hones in on some key points in its Pandora ruling | Complete Music Update
  • Judge Explains Why Pandora Must Pay 2.5 Percent of Revenue to BMI | Billboard
  • People are saying Pandora just dodged a huge bullet in the Apple Music launch (P)
  • Why Pandora Is Running a Small Town Radio Station - Bloomberg Business
  • Pandora CFO: Music streaming royalties 'going to get worse' - Nashville Business Journal
  • NPR Leaves Pandora and Google’s Music Lobbying Group
  • Pandora CEO not worried about Apple Music
  • Pandora launches Sponsored Listening for advertisers out of beta
  • Stock analysis: Pandora Has Potential After a Pullback - Barron's
  • Judge Denies Pandora Bid To Lower #Royalties After Buying FM Station - hypebot
  • Spotify And Pandora Help Streaming Music Ad Revenue Pass $1 Billion By 2017, Report Says
  • "Pandora has lost almost $200 million since its inception."
  • Pandora's stock price has "fallen more than 40% over the past year"
  • Pandora's Summer Surge Starts Melting on Wall Street
  • Pandora's new ad-free Internet radio pass costs $1 for 24 hours, launches September 10
  • Pandora financials
  • Pandora Media Jumps After Preliminary Decision on #Royalties to Use Merlin Agreement as Benchmark #crb
  • Pandora and SoundExchange Each Get Small Wins in Rate Proceeding
  • Pandora Reaches $1.5 Billion in Royalties Paid by @billboardglenn
  • Pandora buys Ticketfly for $450 million
  • I think it is a smart move: Pandora's Acquisition of Ticketfly Is Expensive, Groundbreaking and Full of Opportunity
  • Pandora's $123 million #royalties bill for #broadcasting the golden oldies
  • Pandora reportedly close to major label deal over pre-1972 recordings | Complete Music Update
  • Pandora Agrees to $90 Million Deal to End Pre-72 Lawsuit By Major Labels - by @EriqGardner Hollywood Reporter
  • Pandora listeners can hear only so much - CNET
  • Pandora Revenue Growth Overshadowed by Questions About Apple Music's Impact
  • Pandora Reports Q3 2015 Financial Results | Business Wire
  • Pandora Shares Plummet as Competition Grows
  • Manatt: Pandora ordered to pay ASCAP and BMI disparate rates in parallel rate case decisions - Lexology
  • Pandora, Apple Music and a #Music #Streaming Market in Flux by @billboardglenn
  • Sony/ATV music publishing and Pandora ink direct publishing deal
  • Martin Bandier promises songwriters 'significant increase' in Pandora cash - Music Business Worldwide
  • Bandier: 'Sony/ATV's Pandora deal will significantly increase songwriter royalties'
  • Rdio is filing for bankruptcy, Pandora will buy ‘key assets’ for $75M
  • Per @DavidIsraelite @NMPAorg @AIMPorg: The deal Pandora made with @Sony, @Pandora is offering to all #publishers.
  • Pandora's aggressive plot to defeat Spotify: 5 things you need to know - Music Business Worldwide
  • Pandora financials reveal $1bn+ investment since 2009
  • 5 Things Pandora Media, Inc.'s CEO Wants You to Know --  The Motley Fool
  • Pandora CEO: Free on-demand music streaming is bad
  • Pandora is laying off more than half of Rdio employees following acquisition
  • Pandora is gearing up for an all-out music streaming war
  • Pandora CEO: Free on-demand music streaming habit is killing the music industry
  • Songs Music Publishing signs direct licensing deal with Pandora
  • Why Pandora needs a streaming ruling that doesn't irk music industry
  • NYT: For Pandora, Ruling on Streaming Royalty Rates Is Crucial by @Sisario
  • Pandora CFO wants to pay lower royalties, claims iTunes "eviscerated" the music industry by @sambarsanti
  • Pandora's profits depend on #CRB - interview with @sisario
  • Copyright Royalty Board raises rate of royalties for streaming music services like Pandora
  • Warner/Chappell Music and Pandora Sign Licensing Agreement | Business Wire
  • Pandora and Warner/Chappell Sign Direct Licensing Deal by @EdChristman | Billboard
  • In case you missed it: ASCAP and BMI Sign Licensing Agreements with Pandora
  • Pandora, Music Rights Holders Settle Royalty Rate Dispute