The Verge: A few years ago, leaders from the major record companies planted the seeds from which they hoped would spring the next generation of music distributors.
Music listening service Pandora saw a dramatic dip and then a dramatic 22% spike in after-hours trading Wednesday, as investors were reading the tea leaves and then learned of the royalty rate decision.
TNW:
From January 1, Pandora is going to be paying more money to music labels for the songs being streamed on its platform.
With more personalization, Pandora hopes to take on Apple Music and Spotify.
