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November 15, 2012
07:19 EDTPArtists oppose "Internet Radio Fairness Act" in open letter
125 artists, including 40 GRAMMY winners, are "opposing new cuts to artists' pay" that would come from the "Internet Radio Fairness Act," according to a statement yesterday from musicFIRST, a musician group. Common, Dead Kennedys, Missy Elliot, Vince Gill, Don Henley, Billy Joel, Maroon 5, Martha Reeves, David Sanborn, Michael W. Smith, and Roger Waters are among the artists named in an open letter posted on the group's site that will also be published in this weekend's Billboard Magazine. Internet radio companies such as Pandora are pushing Congress to pass the "Internet Radio Fairness Act," H.R. 6480/S. 3609, which could slash by 85 percent royalties paid to musicians and artists when their songs are played over Internet radio, the group said. Reference Link
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August 19, 2014
09:51 EDTPPandora calls activate on renewed speculation of an activist investor
Pandora August weekly 27.5 and 29 calls are active on total call volume of 5K contracts (1K puts) on renewed speculation of an activist investor. August weekly call option implied volatility is at 77, September is at 58 and December is at 55; compared to its 26-week average of 55 according to Track Data. Active call volume suggests traders taking positions for upside price movement.
09:44 EDTPRumor: Pandora moves up on renewed speculation of an activist investor
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