Web Radio Site Pandora May Pull Plug Due To Rising Royalities

edgelings | 6:35 AM on August 18, 2008

The very popular web radio site Pandora may be on the verge of going dark.  Large, retroactive Internet radio royalty fees have the company paying a projected 70% of its 2008 revenues just to cover fees which are expected to double by 2010.

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Category: EDGELINGS

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