Albert Fried & Company Upgrades Pandora (P) to Overweight
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Copyright Royalty Board Issues Ruling in “Web-IV” Pandora Rate Case
December 16, 2015 6:23 PM ESTMusicians and record labels to see royalties from Pandora increase 15 percent
OAKLAND, Calif.--(BUSINESS WIRE)-- Pandora (NYSE: P), the worlds largest music discovery platform, today announced that the Copyright Royalty Board (CRB) released the rates and terms for the Web-IV rate-setting proceeding, establishing the sound recording performance royalty rates paid to performing artists and record labels by Internet radio services for the period of 2016-2020. While the company has not received the full supporting decision, the following is based on the companys initial reactions to information posted on the Copyright... More
Pandora Postpones Conference Call Pending Release of Copyright Royalty Board Web IV Decision
December 16, 2015 4:11 PM EST
Postponed Until Rate Determination Is Made Public
Event
to be Audio Webcast Live on the Pandora Investor Relations Website
OAKLAND, Calif.--(BUSINESS WIRE)-- Pandora (NYSE: P), the world's most powerful music discovery platform, today announced that it will postpone a call originally scheduled for Wednesday, December 16, 2015, after the close of the market at 1:30 PM (PT) / 4:30 PM (ET) to a later, as of now, undetermined time.
Pandora will announce updated timing shortly after the publication of the rate decision from the CRB, allowing the company to conduct proper... More
