Online Music, Music Streaming | featured news

Pandora pays over 2,000 artists more around $10,000 a year, and over 800 make $50,000. Top-tier artists like Adele are in the $1 million range, while others are tripling that sum. Not bad, in other words, especially since this is only taking into account Pandora payments, not those from Rhapsody, Spotify, or any other online streaming service. In fact, Pandora only accounts for about 6.5% of all online radio.

The online music service is allowing third parties to write add-on apps adding functionality to its music player.

Google has launched an online music store in the US, which will allow devices running its Android software to buy, store and stream MP3 files. EMI, Sony Music Entertainment, Universal and 23 independent labels are providing content to create a library of 13 million songs.

Buyer's remorse already may be setting in for some investors in Internet radio station Pandora Media....