The biggest name in Internet radio is buying an FM station. Pandora says the move will help the company get its content at a lower cost, but music publishers are crying foul. If the FCC signs off on the sale, Pandora will be the proud owner of KXMZ-FM in Rapid City, S.D., and save about 1 percent of its revenue on music publishing rights….
With the business models in music broadcasting changing so quickly, there’s no royalty structure yet that works for everyone’s bottom line, according to Chris Bavitz, with Harvard Law School’s Berkman Center for Internet and Society. “It’s hard to imagine that we’re going to get to a one size fits all music royalty rate for musical compositions,” Bavitz says.