Scalper1 News
The U.S. Justice Department on Wednesday opened a review of decades-old rules for paying licensing fees to songwriters and composers, a move that could affect royalties paid by Pandora Media (P), Apple (AAPL) and other music streamers. Competition among Internet music streamers has been intensifying, with Apple last year launching iTunes Radio and Google (GOOGL) launching its own radio service. Stockholm-based startup Spotify hit 40 million users Scalper1 News
Scalper1 News