WHO PAYS FOR: Pandora AM/FM
Songwriting/Publishing YES YES
Performance YES NO
And those performance royalties Pandora pays are 13 times songwriting/publishing! Not to mention your royalties are capped at 1.5% of revenue. You are paying less than 1/10 what Pandora pays for each listener hearing an artist's song. Please enlighten us if this is incorrect or how this is fair?[1] http://theunderstatement.com/post/53867665082/pandora-pays-f...