Comments

  1. Sara smith
    July 13, 2013 at 8:06am
    K great
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  2. marcos francisco lemes
    July 13, 2013 at 3:21pm
    Buena
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  3. NP
    March 18, 2014 at 8:58am
    The current overhead to profit ration of internet radio companies (e.g. Pandora, Spotify, Itunes) is incomparable to most AM/FM stations. Moreover, the nation-wide range of transmission and the ability to appeal to a diverse range of listeners by offering music from every genre are progressively decreasing AM/FM ratings and profits. The fact of the matter is that Pandora is pulling in over 300 million dollars annually, but it will never be enough, since corporations must generate growth in order to maintain the interest of investors (the stock doesn't increase in value if the company isn't growing), which doesn't leave much room for loyalty to musicians. Really, musicians, songwriters, producers, publishers, and recording labels should combine their efforts and resources to create a nonprofit internet radio company that pays out all net profits as royalties on a per play basis. Musicians would gladly submit their music and promote the company since it would be the most profitable means for them to get through to an online-audience. A nonprofit company could even employ volunteer interns to categorize music and create a genome. Pandora currently gets a larger share of the profit than artists do and must pay taxes on over $300 million of revenue per year, but in a nonprofit company, this would all benefit people who actually had a hand in producing the music rather than shareholders, and the seemingly useless Soundexchange could be cut out as well.
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