Pandora Opens Up: Q&A With Tim Westergren
In August, Pandora founder Tim Westergren told the Washington Post that the future could be bleak for the Internet radio station due to high percentage of its revenue being forced to go to royalty fees. Now, one month later, Westergren is shooting down rumors and socialsphere speculation about why Pandora is facing potential extinction.
“One of the fallacies that is floating around is that Internet radio is poorly monetized–that is not true,” Westergren said. “We’re just being charged more than other forms of radio.”
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