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Pandora CEO: The Complexity of International Copyright Law is a Big Problem
Date: Thursday, March 31, 2011 @ 21:34:03 UTC

When Pandora filed papers with the SEC earlier this year indicating its plans for an IPO, the company disclosed a variety of risks to investors. That included the fact that copyright royalties eat up half its revenue, and the difficulty the company has had in its attempts to strike deals in other countries. Pandora abandoned its bid to expand to the U.K. in 2008. Speaking at the NARM music law conference in San Francisco on Wednesday, Pandora CEO Joe Kennedy elaborated on how he sees international copyright issues and the evolving relationship between online music companies and record labels. Complete Article







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