18 August 2008

Internet radio powerhouse Pandora might go under

Due to rising royalties and stagnant revenue, the awesomeness that is Pandora might be no more. There was a brief scare a few months ago, but this time it seems like the record industry means business. They're charging more in royalties than even traditional radio stations pay and Pandora simply won't be able to make bank.

The beauty of Pandora is that it uses the "Music Genome Project" to determine what music a listener might like. I have been a fan and user for a few years now and I would be sad to see such a great service go.

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