Tom Conrad
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(Mar 9, 2007 - 4:57 PM)
Internet radio providers, like my company Pandora, pay BOTH Soundexchange and the PROs (ASCAP, BMI, and SESAC) so it's even worse than the picture you paint. It's not $2.3B vs $500M it's $2.3B vs $0.
You're certainly right that Internet radio can't survive unless these rates are revisited.