Win some, lose some.

pandora-thumbsLast week, the online music service Pandora enjoyed a big win when a federal appeals court rejected appeals by ASCAP and music publishers to jack up Pandora’s streaming rates. What a difference a week makes: A few days ago, a US District Court judge ruled in favor of BMI in a similar case, forcing the online service to pay 2.5% of revenue instead of the 1.75% they currently pay. A BMI statement exults, “This is an important step forward in valuing music in the digital age.” Pandora will appeal: “We strongly believe the benchmarks cited by the court to not provide an appropriate competitive foundation for a market rate.”