US Federal Court Judge Denise Cote has issued a ruling in a case between streaming music service Pandora and music publishers, which has set a new rate at which Pandora Radio will have to pay to the American Society of Composers, Authors and Publishers (ASCAP) for performance rights on streaming radio. The rate is set slightly higher than the 1.7 percent Radio Music Licensing Committee rate for terrestrial radio Pandora argued was appropriate, but far less than the tiered rate ASCAP proposed….
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