News Firm was valued at $500 million after raising $50m last year News Michael Huppe says agreement is preferable to a "costly litigation" News Act aims to reform US copyright policy to better compensate the creators of music News Over $30m paid to publisher members last year News Royalty rate climbs 40% following pressure from SoundExchange Analysis As user base sinks to lowest point on record, is Pandora beyond salvation? News Lynch was previously the founding CEO of TV OTT platform Sling.tv News Steve Bartels set to exit Universal label before the end of the year