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Pandora Agrees to $90M Settlement In Oldies Lawsuit
Pandora has agreed to pay $90 million to record labels as part of a settlement designed to compensate the performers on songs created prior to 1972.
Pandora has agreed to pay $90 million to record labels as part of a settlement designed to compensate the performers on songs created prior to 1972. The RIAA filed the suit on behalf of the labels and conglomerates ABKCO Music & Records, Capitol Records, Sony Music Entertainment, UMG Recordings and Warner Music Group. “Major settlements with…