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October 9, 2012 11:16 pm GMT
Pandora founder Tim Westergren denied claims that musicians earn peanuts from streaming services and said lower royalty rates would bolster innovation today at SF MusicTech. "There are a couple artists making over $2M on Pandora, some artists making over $100K a year".Westergren said the rumor that artists only make $15 a year from streaming services, noting "that's far, far from the truth."
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/RJ6vTWCmf-I/
Founder Tim Westergren Says Some Musicians Earn Up To $3 Million A Year From Pandora
Pandora founder Tim Westergren denied claims that musicians earn peanuts from streaming services and said lower royalty rates would bolster innovation today at SF MusicTech. "There are a couple artists making over $2M on Pandora, some artists making over $100K a year".Westergren said the rumor that artists only make $15 a year from streaming services, noting "that's far, far from the truth."Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/RJ6vTWCmf-I/
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