A host of artists have called Tim Westergren out.
Now, Tim has something to say. He has a challenge. Can anyone identify a statement that says he seeks to reduce artist payments by as much as 85%?
“This bipartisan bill will correct the incredible inequity in how different digital radio formats are treated under the law when it comes to setting royalties. The difference is quite extraordinary. In 2011, Pandora paid over 50% of our revenues in performance royalties, while SiriusXM paidless than 10%. [actually 8%].” (emphasis added)
50% to 8%. About an 85% reduction.