Managers criticise Universal's Pandora royalty switch
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Description
CMU’s Andy Malt and Chris Cooke review key events in music and the music business from the last week. On this edition, artist managers criticise Universal Music over a change it made to the way it pays Pandora royalties to artists, and new Bandcamp owner Songtradr making 50% of the direct-to-fan platform's staff redundant. PLEASE NOTE: This episode was recorded before the settlement between Megan Thee Stallion and her former label 1501 Certified Entertainment was announced. SECTION TIMES 01: Universal (00:05:13) 02: Bandcamp (00:21:35) (Timings may be slightly different due to adverts) STORIES DISCUSSED THIS WEEK • Universal Music criticised over unannounced change to Pandora payments • Half of Bandcamp’s staff made redundant as Songtradr acquisition is completed ALSO MENTIONED • Megan Thee Stallion has "no label right now" and that's how she wants it
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