Soon, Conrad said, the company will offer Pandora One, which will be subscription based.
Issues including royalties paid to artists remain an obstacle to Pandora’s success, Conrad admitted. However, he was optimistic that the company and the artists can adapt and resolve their differences.
Panelists noted that the music industry has reverted to what it was in the 1960s when many bands of musicians would settle for small pay just to get their tunes recorded and tour playing them.
However, most panelists agreed, the big music companies – as we have known them -- are about to die.