Echoing the concerns he shared when HispanicBusiness.com interviewed him in 2009, Pandora Founder Tim Westergen shared with subscribers an urgent message regarding a possible solution to what he refers to as the "long-standing discrimination against Internet radio." Full message follows:
This is Tim, the founder of Pandora.
I am writing to ask for your urgent help. An important piece of legislation has just been introduced in Congress that could end long-standing discrimination against Internet radio. I'm asking that you contact your Senator to urge them to support the Internet Radio Fairness Act.
This bipartisan bill will correct the incredible inequity in how different digital radio formats are treated under the law when it comes to setting royalties. The difference is quite extraordinary. In 2011, Pandora paid over 50% of our revenues in performance royalties, while SiriusXM paid less than 10%.
As a lifelong musician, I'm fully supportive of artist compensation, but this situation can't continue. Internet radio is bringing millions of listeners back to music, and is playing the songs of tens of thousands of promising artists who would otherwise never be heard. It should be given a fair chance to succeed.
To voice your support for this initiative, please reach out to your Senator today and say you support the Internet Radio Fairness Act, bill number 3609.
If you'd like more information about the Internet Radio Fairness Act you can learn more here.
It's crucial that Congress hears from fans of Internet radio today. Thanks for your support, and thanks for being a loyal listener.
Most Popular Stories
- Koch Brothers Step up Anti-Obamacare Campaign
- FDIC Sues Big Banks Over Rate Manipulation
- SoCalGas Reaches Record Spend on Diversity Suppliers
- Stocks Close Lower Ahead of Crimea Vote
- Vybz Kartel Convicted of Murder
- U.S. Consumer Sentiment Falls in Early March
- Is Malaysian Airlines Flight 370 in Andaman Sea?
- Jittery Investors Dumping Russian Stocks
- Ulta Shares Look Good on Strong Q4
- FDIC Accuses Big Banks of Fraud, Conspiracy