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Pandora just got its biggest round of funding ever. I guess a few VC's are fans of the new royalty agreements.
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I think it only makes sense that soundxchange set the rate at a level that they can continue to make money while not driving Pandora out of business. Why would soundexchange set the rate at a level...

He sounds pessimistic but, I think he is being reasonable. I always thought their royalty payments would kill them but every spokesperson for the company says that they will turn a profit and now...