"We are big fans of Pandora," the letter begins. "That's why we helped give the company a discount on rates for the past decade. Pandora is now enjoying phenomenal success as a Wall Street company. Skyrocketing growth in revenues and users. We celebrate that. At the same time, the music community is just now beginning to gain its footing in this new digital world."
The letter goes on to question the proposed legislation (H.R. 6480/S. 3609), saying, "Why is the company asking Congress once again to step in and gut the royalties that thousands of musicians rely upon? That's not fair and that's not how partners work together. Congress has many pressing issues to consider, but this is not one of them. Let's work this out as partners and continue to bring fans the great musical experience they rightly expect."
Pandora currently pays a fraction of a cent each time a song is played. Other artists joining the effort to ensure fair pay include Common, Sheryl Crow, Maroon 5, Stevie Nicks, Katy Perry, Pink Floyd, Billy Joel and Bonnie Raitt.
Read the entire letter here.