Other than the obvious fact that they’re all musicians, what do Easton Corbin, Rihanna, Billy Joel and Megadeth have in common?
All of these artists, along with 121 others signed an open letter to Pandora that surfaced online yesterday. The letter is a request directed at streaming radio service Pandora, asking it to pull back lobbying efforts for a Congressional measure that would lessen the amount of royalties the company would give to artists for their songs.
The letter reads “We are big fans of Pandora. That’s why we helped give the company a discount on rates for the past decade. Pandora is now enjoying phenomenal success as a Wall Street company. Skyrocketing growth in revenues and users. We celebrate that. At the same time, the music community is just now beginning to gain its footing in this new digital world.”
It goes on to read “Why is the company asking Congress once again to step in and gut the royalties that thousands of musicians rely upon? That’s not fair and that’s not how partners work together.”
Billboard projects the argument is likely to take place in Congress sometime next year.
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