Analysis YouTube's income is around nine times the size of Pandora's Analysis Universal buying, Sony selling and a wealth of streaming possibilities... News Downtown looks after John Lennon, Ray Davies and Randy Newman catalogues News Collection society says $0.0017 per stream will 'erode the value of music in our society' News The big decision is in News Deal comes after SONGS and Sony/ATV agreements in recent weeks News It's a billion dollar decision day for the record industry Analysis Blog It's worth $20bn a year. Can independent labels pick up the baton?