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Pandora suit could change century old royalty plan

Tuesday, February 25, 2014
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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.