Pandora suit could change century old royalty plan

Tuesday, February 25, 2014

ASCAP and BMI have been operating in the US since 1941, governed by consent decrees with the Justice Department.  Together they represent more than 90% of music that is commercially available in the US, processing more than $2 billion in licensing fees each year.  Recently, leading music figures have asked the government to update the consent decrees.  This could radically change a near-century-old system.  Read More in the New York Times.