"This agreement is good news for music fans and music creators, who are the heart and soul of ASCAP, and a sign of progress in our ongoing push for improved streaming payments for songwriters, composers and music publishers that reflect the immense value of our members’ creative contributions."
That's ASCAP CEO Elizabeth Matthews on striking a multi-year licensing deal with Pandora. BMI jointly announced they were entering a similar deal with the music service today as well. These deals continue to seemingly set Pandora up for on-demand streaming and potential international expansion. American Songwriter has the full story here.