Pandora prevails over ASCAP, publishers in royalties appeal

May 6, 2015 1:47 PM

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NEW YORK May 6 (Reuters) - A federal appeals court on Wednesday ruled in favor of Pandora Media Inc in a dispute over the payment of royalties for online music.

The 2nd U.S. Circuit Court of Appeals in New York rejected the American Society of Composers, Authors and Publishers' effort to increase the rate that Pandora must pay to license its music from 2013 to 2015.

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