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March 17, 2014
06:12 EDTPFederal judge preserves status quo in Pandora-ASCAP lawsuit, WSJ reports
A federal judge issued a decision that preserved the status quo between Pandora with songwriters and music publishers, reports the Wall Street Journal. In a statement from ASCAP, U.S. District Judge Denise Cole on Friday ruled that Pandora should pay the society through 2015 that it has for years. ASCAP had argued for an escalating rate structure where Pandora would have owed 2.5% of revenue in 2013 and 3% in 2015. Reference Link
News For P From The Last 14 Days
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June 29, 2015
08:38 EDTPConcerns over Pandora competition significantly overdone, says Sterne Agee CRT
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June 28, 2015
14:24 EDTPApple Music 'unlikely to move earnings needle,' Barron's says
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June 25, 2015
08:49 EDTPPandora music business progressing nicely, says Canaccord
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June 24, 2015
09:30 EDTPGoogle competing with itself after unveiling free music service, Bloomberg says
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June 23, 2015
12:08 EDTPPandora down 1% after Google launches free music service
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12:05 EDTPGoogle launches free, ad-supported music service in U.S.
Google (GOOG) announced via a blob post that Google Play Music now has a "free, ad-supported version" in the U.S. It stated, "Our team of music experts, including the folks who created Songza, crafts each station song by song so you donít have to. If youíre looking for something specific, you can browse our curated stations by genre, mood, decade or activity, or you can search for your favorite artist, album or song to instantly create a station of similar music." Shares of Pandora (P) ticked lower following Google's announcement.

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