Drake and Lil Wayne are on course to make $3 million annually because of Pandora, and many artist you may know such as Wiz Khalifa, Cold Play and many more are a little ways back making $1 million. This news is great, but read what the owner of Pandora has to say.
“It’s hard to look at these numbers and not see that internet radio presents an incredible opportunity to build a better future for artists. Not only is it bringing tens of millions of listeners back to music, across hundreds of genres, but it is also enabling musicians to earn a living. It’s also hard to look at these numbers, knowing Pandora accounts for just 6.5% of radio listening in the U.S., and not come away thinking something is wrong”, says Tim.