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Founder Tim Westergren Says Some Musicians Earn Up To $3 Million A Year From Pandora

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http://techcrunch.com – Pandora founder Tim Westergren denied claims that musicians earn peanuts from streaming services and said today at SF MusicTech that lower royalty rates would bolster innovation. “There are a couple artists making over $2 million on Pandora. Some artists making over $100K a year.” Of the rumor that artists only make $15 a year from streaming services, Westergren said, “that’s far, far from the truth.” Pandora will release a blog post of data on artist earnings soon but gave the SF MusicTech Summit crowd a preview, noting “You’d be surprised by how (IT news)