21 year old going to “Yet the burgeoning company may be on the verge of collapse, according to its founder, and so may be others like it. “We’re approaching a pull-the-plug kind of decision,” said Tim Westergren, who founded Pandora. “This is like a last stand for webcasting.”
via guysketchy. Yowza. This is bad news bears. I saw Tim speak in May of the daunting royalty costs Pandora faces. I’m curious to see how this develops and hope it’s in favor of Pandora and internet radio everywhere. Why is this being legislated in the first place? The legacy systems are messing up the new ones.
3 months ago.