I agree that the music royalty playing field ought to be level. The
current situation is beyond broken, but unfortunately it is caught up
in a process that is more political than rational. So who knows when
and how any change happens.

But a deeper problem is at work.  Pandora has a revenue and business
model problem, the article acknowledges this is their main focus. Most
venture-backed start-ups don't have 8 years (as Pandora apparently has
had) to get to any semblance of break-even, the plug gets pulled much
sooner. I've spent my career in Silicon Valley, and I've seen dozens,
perhaps hundreds, of startups with cool service or product offerings
that ultimately failed because they were unable to develop or perfect a
business model.  Looks like Pandora may be another one.


-- 
Goodsounds
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