A judge’s decision on royalty rates the streaming-music service must pay to the licensing group, Ascap, appears to have split the issue down the middle.
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Pandora is squaring off against Ascap in a closely watched trial over royalty payments determined by a system developed long before digital streams and smartphone apps.
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Broadcast Music Inc. will report a 5 percent uptick in revenues to around $944 million for the year ended in June.
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In a blog post on Wednesday, Tim Westergren, the founder and public face of Pandora, said that a limit of 40 hours a month on mobile devices would take effect this week for its free service.
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