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Litigation

Oct. 24, 2015

Pandora, record labels reach $90M settlement

Pandora Media Inc. reached a $90 million settlement with five major record labels, ending one fight in the ongoing music industry battle over pre-1972 sound recordings.

By Ashley Cullins
Daily Journal Staff Writer

Pandora Media Inc. reached a $90 million settlement with five major record labels Thursday, ending one of several spats in the ongoing industry-wide battle over pre-1972 sound recordings.

Five major record labels - ABKCO Music & Records Inc., Capitol Records LLC, Sony Music Entertainment, UMG Recordings Inc. and Warner Music Group Corp. - filed suit in 2014, alleging Pandora violated New York...

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