Endgame in sight

SoundExchange vs internet radio

“We’re approaching a pull-the-plug kind of decision,” says Tim Westergren, founder of Pandora

“We’re funded by venture capital,” he said. “They’re not going to chase a company whose business model has been broken. So if it doesn’t feel like its headed towards a solution, we’re done.”

The article also provides a comparison of the differing royalty rates for traditional broadcasters and webcasters in the US. Webcasters pay more.

Giant of Internet Radio Nears Its ‘Last Stand’

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