pandora

Music services such as Pandora are in a fix today. They are forced to pay up a hefty part of their profit to rights management groups, while actual songwriters don't get much from them. This has led the company to file a suit which is very significant.

Tech industry moves quick and the world of internet moves quicker. A whole range of popular music streaming services have popped online in recent years but going forward, they must evolve to ensure profits or wither away, reveals a new report.

Until now, Pandora bagged bulk licensing rights to multiple music publishers by dealing directly with big wigs such as BMI. However, a new court ruling now allows individual music publishers to directly negotiate deals with Pandora.

Gone are the days when your entire music came from a single favorite radio station or, at best, from the iTunes Store. This is the age of mobile apps and you can have as many of them as you want. Below is a quick rundown of 10 must-have music apps for your mobile device.

Pandora has long enjoyed the position of being one of the most successful internet-based radio services. However, with the recent launch of Apple's iTunes Radio which arrives as part of Apple's new iOS 7, a new contender is in the arena.

Back in February this year, Pandora announced that it was placing a 40-hour cap on the number of free mobile streaming hours per month. The decision, we were told, was made to control the costs that the company was incurring. Now, Pandora has announced that it will be removing the 40-hour limit soon.

The numbers on Pandora's performance during the first quarter of this year are out. And in light of these numbers, the company has been able to perform far better than what Wall Street gurus had been predicting. During Q1, Pandora's revenue rose by 55 percent, reaching $126 million.

Pandor is one of the biggest music streaming service launched in 2005. The music giant announced, they have achieve a milestone by racking up 200 million registered users who listening to nearly 1.5 billion hours of music per month.

Pandora users have long utilized unlimited access to free streaming of music from the online service. However, the company is now implementing a limit of 40 hours worth of free monthly streaming for its mobile users. The move has been undertaken due to rising royalty costs which Pandora has to pay.

Internet radio Pandora brings content from thousands of artists straight to the listeners. In 2012, Pandora users listened a total of 13 billion hours of music round the year and created 1.6 billion stations.