Music streaming services provider Pandora Media signs agreements with ASCAP and BMI

Q.  Which music streaming services provider has signed agreements with ASCAP and BMI?
- Published on 24 Dec 15

a. Spotify
b. Pandora Media
c. Apple iTunes
d. None of the above

ANSWER: Pandora Media
 
Music streaming services provider Pandora Media has signed separate multi-year licensing agreements with music companies ASCAP and BMI or Broadcast Music for their combined catalogs. As part of the deal, Pandora has also agreed to withdraw its appeal in a recent BMI case. Radio companies and the music industry have lobbied for different payment schedules. BMI manages performance rights for performers like Lady Gaga and Rihanna.

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