A huge day for Pandora, a huge day for the music business | Concurrent Media
The US Copyright Royalty Board is due to make its decision over webcasting rates today (December 16). The stakes are extremely high. Morgan Stanley has forecast that a ‘good’ result (for record labels) could see Pandora’s stock price plummet 28% – worth an eye-watering $780m in market cap value. Source: A huge day for Pandora,
