House Music Promotions, Events, Info. & Inspirational Quotes, Notes, Essays

PANDORA PAYS DRAKE NEARLY $3 MILLION A YEAR: Pandora CEO Tim Westergren revealed in a blog post that artists are making millions off his radio streaming service: Coldplay, Adele and Wiz Khalifa, each make more than $1 million a year and hip-hop artists Drake and Lil Wayne each make a whopping $3 million. Pandora pays over 55% of its revenue to artist royalties. The company will pay more than $10,000 to over two thousand artists each within the next year, and about $50,000 to over 800 artists. Of course, Westegren used the stats to once again call for royalty rate reform for Inernet radio
http://www.businessinsider.com/pandora-artist-payments-drake-lil-wayne-2012-10?utm_source=twbutton&utm_medium=social&utm_campaign=sai via @sai

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