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Pandora Acquires Terrestrial Station

A

AC Tones

Not Smooth Jazz-specific, but I thought it was an interesting read nonetheless. Very smart move by Pandora as leverage to mitigate the bleeding caused by growing and onerous content costs. Of course, Clear Channel's iHeart streaming radio enjoys the royalties payment structure terrestrial radio stations enjoy.

http://www.cnbc.com/id/100828559
 
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