Pandora Safe Until 2015

For those addicted to Pandora radio, it is safe until 2015 after a deal was reached with SoundExchange, the organization that collects royalties for artists and record labels. Under the terms of the deal as reported by TechCrunch, SoundExchange lowered the rates by 50% in exchange for 25% of Pandora's U.S. revenue.

The deal not only effects Pandora, but all "pure play" Internet radio and webcasters.

It is important to note that Internet radio is still getting the short end of the stick, paying way more than conventional radio, but this should keep them afloat for the next few years.

Check out all the details at TechCrunch.