Digest: SiriusXM Buys $480M Stake in Pandora, Pandora Unloads Ticketfly, 3 Takeaways from Midem 2017

Story of the Week SiriusXM to Buy $480M Stake in Pandora Under the terms of the agreement, a subsidiary of SiriusXM will purchase news convertible preferred stock of Pandora, while SiriusXM has already bought $172.5 million of preferred stock representing a stake of 19 percent in Pandora’s, or a 16 percent stake when converted. Other… Continue reading Digest: SiriusXM Buys $480M Stake in Pandora, Pandora Unloads Ticketfly, 3 Takeaways from Midem 2017

Digest: Pandora & SiriusXM Might Be Back On, Paypal Sues, DOJ Appeals in BMI Case

Story of the Week SiriusXM’s Pandora Buyout Could Be Back On That’s according to a new report from the New York Post, which suggests that Sirius recently restarted talks with Pandora’s banks and is currently “discussing the size of a potential offer.” Top Music News Highlights Pandora Sued By PayPal For Alleged ‘Harmful’ Logo Infringement.… Continue reading Digest: Pandora & SiriusXM Might Be Back On, Paypal Sues, DOJ Appeals in BMI Case

RECAP: Pandora Reportedly Open To SiriusXM Deal, IFPI “Investing In Music” Report, Startups Closing Big Funding

Pandora Shares Spike on Report It’s Open to SiriusXM Deal Talks Story of the Week Shares of music-streaming provider Pandora shot up as much as 17% Friday, after CNBC reported the company was open to discussing a sale to satellite-radio service SiriusXM. Following the CNBC report, Reuters reported that Pandora is not undertaking any new… Continue reading RECAP: Pandora Reportedly Open To SiriusXM Deal, IFPI “Investing In Music” Report, Startups Closing Big Funding

RECAP: SoundExchange Wants Major Rate Increases, NMPA Wants Facebook Publishing Deals, Pandora Premium Launch Date,

SoundExchange Asks U.S. Copyright Royalty Board For Major Rate Increases Story of the Week SoundExchange has submitted a new rate proposal and testimony in the SDARS III royalty rate proceeding from which the Copyright Royalty Board (CRB) will set rates for the years 2018-2022 for Sirius XM’s satellite radio service, as well as, cable/satellite TV… Continue reading RECAP: SoundExchange Wants Major Rate Increases, NMPA Wants Facebook Publishing Deals, Pandora Premium Launch Date,