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Pandora: Pandora and Artist Payments

Posted on October 10th, 2012 at 1:18 by Desiato in category: Intellectual Property -- Write a comment

[Quote]:

For over two thousand artists Pandora will pay over $10,000 dollars each over the next 12 months (including one of my favorites, the late jazz pianist Oscar Peterson), and for more than 800 we’ll pay over $50,000, more than the income of the average American household. For top earners like Coldplay, Adele, Wiz Khalifa, Jason Aldean and others Pandora is already paying over $1 million each. Drake and Lil Wayne are fast approaching a $3 million annual rate each.

Previous reports suggested that the income from streaming services was negligible. That seems to be changing.

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