Social Media Newsfeed: Pandora Pays | Twitter Video

Click here to receive the Morning Social Media Newsfeed via email. Pandora Shares How Much it Pays Artists (SocialTimes) Pandora has revealed how much certain top artists are paid in royalties for licensing their music to the Internet radio service. More than 2,000 artists will each receive $10,000 over the next year, and 800-plus will get more than $50,000. The Next Web "For top earners like Coldplay, Adele, Wiz Khalifa, Jason Aldean and others Pandora is already paying over $1 million each. Drake and Lil Wayne are fast approaching a $3 million annual rate each," says a blog post by Pandora Founder Tim Westergren. TechCrunch Westergren denied that his quest to reduce the per-song royalty rates that Pandora pays is fundamentally anti-artist. He said that lower fees would leave more resources to dedicate to building better services. CNET Right now, traditional radio broadcasters pay a lower rate to play songs, and the music industry wants terrestrial radio to pay a rate that is more in line with what Pandora pays. GigaOM One other interesting tidbit revealed by Westergren on Tuesday: The company is now streaming more hours of music each month that YouTube streams hours of video. Westergren reminded his audience that his company is forking over 55 percent of its entire revenue stream to Soundexchange, the collection agency that is in charge of compulsory licenses for performing musicians. Twitter Acquires Video Service; are Third Party Video Developers in Danger Now too? (AllTwitter) AllTwitter heard on Tuesday that Twitter was considering building its own video-hosting technology, and now we’ve learned they just acquired a video clip company. Beware, third party video developers. Beware. Reuters Twitter founder and executive chairman Jack Dorsey said on Tuesday that he trimmed his role at the microblogging service months ago as he devoted the majority of his time to Square, the payment start-up where he is chief executive. Dorsey transferred all of his employee supervision to Twitter chief executive Dick Costolo in January as part of a pre-arranged transition process, Dorsey disclosed on his Tumblr blog. The Huffington Post Lawyers for George Zimmerman, the man accused of second-degree murder in the killing of Trayvon Martin, have filed a motion requesting that a Florida judge delay his trial and that the teenager's school records and social media posts be released. In the motion, Zimmerman's legal team says Martin's Facebook and Twitter activity "is discoverable as it is reasonably calculated to lead to relevant admissible evidence." 14-Year-Old Blogger, Peace Prize Winner Shot by Taliban (Mashable) Malala Yousafzai, the 14-year-old girl who won Pakistan’s first National Peace Prize, was shot and wounded on her return from school Tuesday in Swat Valley. The Pakistani Taliban have claimed responsibility for the attack, which has been condemned by the country’s president. Facebook May Ditch its Boring Logged Out Homepage for This 3D Polygon Art or a Cute Couple (TechCrunch) Facebook doesn’t want to look like just another website, so it’s testing colorful new versions of Facebook.com on a very small percentage of logged out visitors. One features a 3D polygon art map of the Facebook universe, while another showcases an adorable couple. AllFacebook The social network announced that it will present its financial report for the third quarter Oct. 23. Much has changed since Facebook’s second-quarter report July 26, when the company reported that it lost $156 million in that time frame, despite an increase in revenue. Man Finds News Station Placed His Twitter Feed Beside Story About a Convicted Rapist (BetaBeat) Texas TV station KHOU wrote an article about Abraham Joseph, a former Houston cop who was sentenced to life in prison for raping a waitress in the back of his squad car. KHOU embedded a Twitter widget on the page that aggregates all mentions of #abrahamjoseph on Twitter. The problem with this decision is that in addition to pulling in all hashtag mentions of “Abraham Joseph," it also culled the tweets of New York journalist and producer Abraham Riesman, whose Twitter handle is @AbrahamJoseph. Study: Admissions Officers Might Not 'Like' Your Social Media Presence (USA Today) After years of suspecting college admissions officers’ decisions are influenced by what a Google search may turn up, Kaplan Test Prep released results of a 2012 survey that prospective students might not “Like.” The survey, which polled 350 college admissions officers from the nation’s 500 top colleges and universities, found that the content officers find on social networking sites leads to increasingly negative views of applicants. Jack Welch Breaks With Fortune Over Jobs Report Comments (The New York Times/Media Decoder) Jack Welch, the former chief executive of General Electric, said Tuesday that he would no longer write for Fortune magazine, after Fortune produced coverage that was critical of his comments last Friday about the Department of Labor’s monthly jobs report. The jobs report showed the unemployment rate dipping below 8 percent for the first time since January 2009, and Welch suggested on Twitter that the Obama administration had manipulated the numbers to help the president’s re-election campaign. Stacey Dash’s Pro-Romney Tweet Becomes Racial Flashpoint (The Wall Street Journal/Speakeasy) Actress Stacey Dash (“Clueless”) tweeted her support for presidential candidate Mitt Romney Sunday, writing “Vote for Romney. The only choice for your future.” The Twitter reaction also included racially charged tweets leveled at Dash, who is of mixed race, which in turn prompted others to support her right to express her opinion without being subject to racist tweets. Taylor Swift Parody Becomes an Anthem for Tumblr's Slash Fans (The Daily Dot) A Tumblr meme that’s also a double-edged social critique disguised as a jaunty musical number? Is this real life? Yes! Specifically, it’s “They are never ever gonna get together,” a magnificent amalgam of Tumblr and fandom culture set to a Taylor Swift song. Correction: A previous headline incorrectly stated that 14-year-old blogger Malala Yousafzai, winner of Pakistan’s first National Peace Prize, was killed by the Pakistani Taliban on her way back from school in Swat Valley. She was shot and wounded, but has survived the attack.

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