OAKLAND, Calif.�Pandorahas formed a partnership with rights administration platformMusic Reportsto manage the licensing and royalty administration for Pandora�s not-yet-launched interactive streaming service.�
The agreement will provide open deal terms and �100 percent reporting transparency� through Music Reports� digital rights marketplace, it said. According to Pandora, the licensing opt-in platform will give music publishers greater insight into and control over how their catalog of musical works is played and will offer consistent rates.
In its announcement, the company said the move will �bring a new level of openness to publishers and music makers.� This assertion is in the context of ongoing complaints from the music industry about the compensation to rights holders from streaming companies.
�Music Reports is in a unique position to reach every active publisher in the market, ensuring Pandora can offer them all the opportunity to participate in these new services, on the same terms,� said Music Reports Vice President and General Counsel Bill Colitre in the announcement.
Music publishers can request a Music Reports account, which full access to the licensing and royalty reporting details that it administers for their songs. To review and respond to the licensing offer, publishers can log into their account online, download a copy of the agreement and accept or reject the terms.
�As we expand the listening experience on Pandora, it�s important that we continue to ensure music makers are not only accurately and fairly compensated, but also have more control and greater transparency around the use of their art,� Pandora founder and CEO Tim Westergren said in the release. �That�s why Music Reports� opt-in licensing and full reporting infrastructure is so important.�