Pandora settles with music labels on old songs
Internet radio leader Pandora on Thursday announced a $90 million settlement with music labels for playing songs dating before US copyright law took shape in 1972. The deal follows a similar settlement by satellite radio provider Sirius XM, which agreed in June to pay $210 million over pre-1972 songs. "Major settlements with Sirius XM and now Pandora means that an iconic generation of artists and the labels that supported them will be paid for the use of their creative works," he said in a statement.
Source: Yahoo Music
Link: Pandora settles with music labels on old songs