Monday, August 18, 2008

Farewell to the King (of Free Net Radio)

Buckling under the weight of the Internet radio royalty hike that SoundExchange pushed through last July, Pandora may pull its own plug soon. Despite being one of the most popular Internet radio services, the company still isn't making money, and its founder, Tim Westergren, says it can't last beyond its first payment of the higher royalties. Via Ars Technica.

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