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pandora to close?

August 19, 2008

Pandora, my favorite music streaming service, is considering closing shop due to excessive fees from the music industry, which are apparently outweighing any profits they are seeing from the ads they deliver. One would think the music industry would recognize the fact that in many cases, people use Pandora to discover music they have never heard before, and then buy that music as a result. Instead, in a desperate attempt to save a dying business model, the only thing the industry has come up with is charging fees so high that many music streaming services have been forced to shut down. 

Check out the story on ReadWriteWeb if you want more details…

One Comment leave one →
  1. August 19, 2008 11:05 pm

    This is what happens when laywers make business decisions.

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