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Pandora now accounts for an estimated 4% of total US listening hours. As Pandora grows, it hopes to gain leverage on music labels and drive royalty costs down. [72] Pandora CEO Tim Westergren has supported The Internet Radio Fairness Act or IRFA (H.R. 6480/S. 3609), which would reduce the company's royalty payments to the performers by 80 ...
Music Reports developed an administration service to allow television composers to license television stations directly, pursuant to a collection, music usage information, processing of television station schedules and revenues, and automated report preparation and submission to the PROs of specific, granular music usage information.
Next Big Sound (NBS) is a New York–based company which provides analytics for online music. The company analyses the popularity of musicians in social networks , streaming services , and radio. The company was acquired by Pandora in May 2015.
Shut down the interactive radio service and now a music playlist supplier. 2 January 2017: Electric Jukebox: Succeeded by ROXi: 1 August 2017: WiMP: Integrated into Tidal [97] 23 March 2015: Simfy: Shut down. Temporarily, the website referred users to Deezer. [98] 1 March 2015: MOG: Succeeded by Beats Music and subsequently Apple Music [87] [99 ...
In September 2018, the company agreed to purchase the streaming music service Pandora, [6] [7] and this transaction was completed on February 1, 2019. [8] Since then, SiriusXM has grown to be the largest audio entertainment company in North America. [9] As of July 12, 2022, SiriusXM had approximately 34 million subscribers. [2]
In 1999 he started Pandora Media along with co-founders Will Glaser and Jon Kraft. The Oakland, Calif., company went public in 2011, [ 3 ] reporting $138 million in revenue that fiscal year. As an early project, Westergren and Glaser created the Music Genome Project , a mathematical algorithm to organize music. [ 1 ]
"Music Genome Project" is a registered trademark in the United States. The mark is owned by the company Pandora Media, Inc. [5] The Music Genome Project is covered by U.S. patent 7,003,515 which shows William T. Glaser, Timothy B. Westergren, Jeffrey P. Stearns, and Jonathan M. Kraft as the inventors of this technology.
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