Pandora Purchases FM Radio Station

pandoraWe have heard quite a lot concerning Pandora in the past few days, where a new TV interface was introduced in addition to a comment on the recently revealed iTunes Radio that Apple has finally caught up with the rest of the online radio services that are in the market at the moment instead of forging ahead as a clear pioneer. Having said that, Pandora has picked up an FM radio station along the way, and this bit of news comes after hearing Pandora complained for years that royalties which involve internet-only radio stations are way too high.

The FM radio station that Pandora purchased was in South Dakota, and Pandora’s Chris Harrison did mention that this particular deal would enable ASCAP as well as the other music labels offer Pandora similar songwriting licenses that they do to rivals such as iHeartRadio. What do you think Pandora’s future will be?

Read more about pandora. Source: thehill

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