US panel forces online radio services like Pandora to pay more to stream songs

The U.S. Copyright Royalty Board raised the rates that Pandora and other online radio services must pay for the right to stream songs Wednesday, sending Pandora’s shares on a wild ride in after-hours trading.
The little-known panel – which determines how much artists get paid when their songs are played by radio stations and Web-streaming music services – said that companies such as Pandora will have to pay 17 cents for every 100 plays of a song in

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