New Pandora CEO faces royalty fight with artists
LOS ANGELES – Pandora's new CEO Brian McAndrews is a rock star of the digital advertising world. He's best known for supercharging growth at digital marketing company aQuantive before its $6.3 billion sale to Microsoft. But as he takes the helm at Pandora, a daunting task awaits. The new tune-spinner-in-chief will need to oversee the renegotiation of the royalty fees the company pays to artists and recording labels.