In an article in today's Wall Street Journal, Pandora's Tim Westergren provides an inside look at ongoing discussions regarding music royalty rates for Internet broadcasters.
Both sides have more incentive to talk after a closed-door meeting with members of Congress last week. The message was, "Fix it," says Tim Westergren, founder of Pandora Media Inc., which allows users to create customized online radio stations. "If you don't, there's a bill waiting in the wings," he said referring to legislation on royalty rates introduced in both houses.
