Lower royalties lead Pandora into local radio game
Music service Pandora has acquired small-market radio station KXMZ-FM in Rapid City, S.D., as a "strategic move" to pay lower royalty rates imposed on broadcast stations and online services run by broadcasters, Billboard's Glenn Peoples writes. Pandora plans to continue the station's adult hits format while applying the company's "insights about listening habits to program music that accurately reflects local listeners' evolving tastes," said Christopher Harrison, Pandora's assistant general counsel. In related news, Pandora has filed a new motion in its federal lawsuit over royalty rates, alleging ASCAP and its members are discriminating against the music service and its rivals. Billboard.com
(6/11), The Hill/Congress Blog
(6/11)
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Clear Channel inks first-of-its-kind royalties pact with Fleetwood Mac
Clear Channel Media and Entertainment has reached a potentially groundbreaking new agreement with Fleetwood Mac to pay performance royalties for tracks from the group's "Extended Play" EP that are played on Clear Channel's 850 broadcast outlets. The deal is the first such agreement between a radio operator and an artist, Clear Channel says. "Reaching an agreement with [Fleetwood Mac] is the clearest sign yet that this kind of revenue-sharing model represents the industry's future -- it is a win-win-win, for artists, fans and the music business," said Clear Channel CEO Bob Pittman. Billboard.com
(6/12)
Rupert Murdoch, family prepare for split of News Corp.
As News Corp. moves toward a June 28 split into separate entertainment and publishing units, the media giant will remain in the firm grip of the Murdoch family. The Murdochs, including patriarch Rupert and three of his children, will maintain their 39% share of both entities. Rupert Murdoch will be chairman of both companies and CEO of the entertainment unit. The entertainment side's day-to-day operations will be overseen by Chief Operating Officer Chase Carey and Rupert's son James, while Robert Thomson will helm the publishing side as CEO. The Hollywood Reporter (free content)
(6/12), Multichannel News
(6/11)
Other News
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ABC, NBC see own live streaming as way to compete with Aereo
ABC and NBC are trying to outmaneuver unlicensed streaming startup Aereo by developing their own live streaming services. ABC is testing its service this summer in New York, Boston and other markets, while NBC, which streamed the 2012 London Olympics, is offering live streams of NHL games, ahead of a wider rollout by the middle of next year. TheWrap.com
(6/11)
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Senate panel to consider Wheeler nomination on June 18
The Senate Commerce Committee on Tuesday will consider the nomination of Tom Wheeler to become the next chairman of the Federal Communications Commission. However, there is not yet a nominee for the Republican FCC seat recently vacated by Robert McDowell. Fred Campbell, the director of the Competitive Enterprise Institute's Communications Liberty and Innovation Project who was previously chief of the FCC wireless bureau and an adviser to ex-FCC Chairman Kevin Martin, is the latest name to be reported as a possibility for the GOP spot. Radio Business Report
(6/11), Multichannel News
(6/12)
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Oklahoma Tornado Special Edition of Licensed to Serve
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