Music Streaming, Pandora | featured news

Pandora pays over 2,000 artists more around $10,000 a year, and over 800 make $50,000. Top-tier artists like Adele are in the $1 million range, while others are tripling that sum. Not bad, in other words, especially since this is only taking into account Pandora payments, not those from Rhapsody, Spotify, or any other online streaming service. In fact, Pandora only accounts for about 6.5% of all online radio.

Apple is in talks to license music for a custom-radio service similar to the popular one operated by Pandora Media, in what would be a bid by the hardware maker to expand its dominance in online music.

Buyer's remorse already may be setting in for some investors in Internet radio station Pandora Media....