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    Pandora Gold Plating Screw Thread Flower Inside Silver Foil Blue Murano Glass Bead online clearance sale

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House bill would cut fees for Pandora Legislators aim to lower music royalty rates for Internet radio services pandora gold charms sale (Dan Hontz Media ) House lawmakers on Friday introduced a bill aimed at lowering the fees paid by Pandora Media and other Internet radio streaming services. Pandora has actively lobbied Congress to make the change, arguing that the current method is unfair because it charges Internet radio services disproportionately more than similar services provided by cable operators and satellite radio. "There's nothing fair about pampering Pandora, with its $1.8 billion market cap, at the expense of music creators," said Ted Kalo, executive director of the MusicFIRST Coalition, a group that represents musicians. The bill, sponsored by Reps. Jason Chaffetz (R Utah) and Jared Polis (D Colo.), has the potential to become a replay of the epic and successful battle Pandora waged between 2007 and 2009 to lower the royalties it had to pay. It succeeded, and in 2009 all parties agreed to a rate formula that required Internet radio providers to pay either a per song rate that averages about 2 cents per listener per hour of music streamed, or 25% jewelry seattle of their gross revenue whichever is greater. For Pandora, the 2 pennies is adding up to hundreds of buy cheap pandora charms online millions of dollars a year. In the second quarter alone, Pandora paid $60.5 million in royalties, or roughly 50% of the company's revenue. The rate for satellite radio is set at pandora bracelet & charms 8% of gross revenue, while cable music service providers pay 15% of gross revenue.

"If Pandora was not burdened with these punitive royalties, the company could introduce music services that could grow the industry and grow royalties," said John Villasenor, a senior fellow at the Brookings Institution and a professor of electrical engineering at UCLA. "This will mean more music choices for consumers, a thriving Internet radio industry and more royalties for musicians.".


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