i want to thank pandora right now. you're getting a classic example of the two of us working together. i can't hear what you're asking and he's telling me and i'm trusting him to tell me the actual questions. [ laughter ] >> the question is what's the performance right? >> kind of a little david and goliath moment here sitting between giants of the industry i left my sling at home, what i brought is the truth and the truth is i represent 500,000 songwriter, composers and publishers and what an honor to share this time with roseanne. we reach into the center of our chest and try to write something that will affect people's lives, that will comfort them in sad times. all i wanted was to write something that would make a young lady say yes when i ask her to marry her and three times thankfully that happened. [ laughter ] so we can all work together. i can turn pandora for help. i thank you so much for examining this system. the system is broken. most of our money has always come from traditional -- from bars and grills, r

that could change how much pandora has to pay songwriters.s is a big deal for pandora. >> this is a story you have covered as well. like,iters generally feel in the process of music being played, they get a raw deal. they end up with less than performers do when their songs are played. you have groups that go everywhere chasing people down who are playing the songs and sang, hey, you have to pay the songwriters. the general beef they have had is twofold. all of the laws surrounding what they have to be paid are way too old. in a world oft internet radio. number two, coming back to what a company like pandora pays the songwriters and composers versus what ultimately pays the performers, it's pretty interesting when you look at at which saysom pandora that, last year, 7% of the royalties that ended up being paid by pandora went to the songwriters and composers. the rest went to the bernice any spirits. the britneywent to spears's of the world. he gets angry when people suggest that pandora does not want to pay composers. --e of the most expensi

the pandora founder certainly knows this.nd he when people suggest that pandora does not want to pay songwriters or composers. he had a blog a while ago where he said, first of all we went to as cap, we went to the management, we worked out a deal where we would pay higher royalty rates. the board said, no, we're not going ahead with that. he basically said that a few high-profile publishers were greedy. as a result, pandora was in a position where it would be paying lower royalty rates than otherwise. that is why this really has to be played out and figured out, it seems like, in washington. >> the songwriters on one side, what about the artists? what do they think about this? >> i think most of the artists, generally speaking, and songwriters and composers, they like pandora. it is part of the future. pandora today said they had 77 million active users. their share of the overall radio listening market in this country continues to grow. if you look at this in the deal,t of the apple-beatsd is not necessarily that people are

let me start with pandora. earliere you testified that one of your business practices is to ensure that artists receive a fair share. is that correct? >> first of all, thank you for the kind words about our service. what i was speaking about is the blanketat statutory licenses have, not only for services like pandora, that allow us to license content, but songwriters and artists participate directly in realty streams. >> ok. am i correct that pandora currently refuses to pay for the under pre-1972 recordings either state or federal law? >> we do not paying under section 114 for the performance ispre-1972 recordings, which federal law. >> you can test -- you can test the rights of recording artists to receive compensation in state courts as well. >> we do have pending litigation in the sea of new york. we disagree with the claims the labels make. >> pre-1972 recordings are an important part of your business model. >> true. a 1960's oldies channel. you have a motown channel. 1950's rock 'n roll. >> i believe so.

today pandora is the highest paying form of radio. we pay higher percentage of revenue than either terrestrial or satellite radio. we'll pay north of $400 million in royalties this year alone. to the extent the copyright owners believe there's a different or better allocation of that revenue. certainly we would say that the copyright owners, themselves, are better sictuated to make tht relative valuation. >> mr. williams, would you like it respond to that? >> i tholeole totally agree the copyright owners are those who make the decisions and all. i said it in my opening statement, the fact is we're a tiny percentage of that cost. we need to find balance in this. when the song of the year, the grammy winning song of the year from 2011, is performed 72 million times on pandora and the four writers each get less than $1,500 a piece, there's something terribly broken in the system. and, you know, you could take from my comment, you know, that we have a major, major problem with pandora. we have a major problem with pandora's balance of pay

i will thank pandora. that's a classic example of the two of us working together when i can't hear what you're asking me and he tells me and i'm trusting that he's telling me the actual questions. so it's a -- the fact is -- >> the question is, what's the performance right? >> i'm i little david and goliath moment, sitting between the giants of the industry. i left my sling at home but what i brought is the truth and the truth is it represent 500,000 songwriters, composers and publishers and what an honor to share this time with reeosanne. what we do is reach into the center of our chest and write something that will affect people's lives, that will comfort them in sad times. all i wanted was to right something that would make a young lady say yes to marry her and three times, thankfully, that happened. so -- we can all work together. i can turn to pandora for help. i thank you so much for examining this system. this system is broken. most of our money has always come from traditional -- bars and grills, r

so let me start with pandora, and mr. harrison. now, i believe you testified earlier today that one of your business practices is to insure that artists receive a fair share. is that correct? >> first of all, congressman, thank you for the kind words about our service. what i was speaking about is the value that statutory blanket licenses have, not only for services like pandora that allow us to license content efficiently but the song writers and artists actually participate directly in the royalty streams. >> okay. now, am i correct that pandora, however, not withstanding what you just indicated, currently refuses to pay for the use of pre-1972 recordings under either state or federal law? >> we do not pay under section 114 for the performance of pre-'72 sound recordings which is federal law. >> but you're also contesting the rights of recording artists to receive any compensation in state court as well, correct? >> we do have pending litigation in the state of new york and yes, we disagree with the claims that the record labels

to not survive, i want pandora to thrive. i mean, i made albums that even my family didn't buy. i love the idea theas going to make it available for anybody if they might want it. >> thank you. my time is expired. i yield back. >> thank you. >> i would first like to ask unanimous consent to insert house current resolution 16 which is the local radio freedom act which states in part that congress should not impose any new performance fee tax royalty or other charge related to public performance or sound recordings for broadcasting sound recordings over the air. local radio stations provide promotion of the music they play at no cost to the listener. this concurrent resolution has 225 bipartisan cosponsors including myself which is more than a majority in the house. and i think it's important to at least mention i know we've had some kind of disparaging remarks about the recording ibbedtri from some of our panel members and i understand that but i thought that should be at least part of the record. i would also just a couple of

we want to move on to pandora.he stock down on this ruling from the justice department about music royalty rates. of course it comes as the annual shareholder meeting is wrapping up. julia boar sten has more on that. hi. >> hi, carl. this is that's right. billions of dollars in royalties at stake as the justice department reviews old music licensing rules that haven't changed since the beginning of world war ii. after a 60-day public comment period coming up, higher rates could hurt pandora's bottom line. this after a two-year legal battle between pandora and licensing groups ascap and bmi which collect close to $2 billion in annual royalties. they says it is unfair that the government mandates they license to all music outlets. they want flexibility for the new era. pandora reported listening hours in may grew 28% while the number of active listeners grew to 77 million and 9% increase. though pandora has shown consistent growth, more listene listeners bring higher fees. the majority of streaming is free and add su

what is pandora said with all of this? what's interesting with all the players is that everybody has their own gripe. everybody looks at the minimum rational manner. the company will get a chance to testify and capitol hill on this issue later this month. they have been clear that they believe the consent the crease as they currently stand play an important role in how this works particularly in the way courts step in and rule a both sides cannot reach an agreement. i think pandora rightnow feels like any major changes to the consent degree would be bad for business but it will be interesting to see. there is a time for the justice department we should find out by the end of august for everyone stands and if any major changes are coming into play. >> thank you so much. we will be right back with more of "bloomberg west." ♪ >> welcome back to "bloomberg west." massive datar that breach late lester has just named a new chief information security officer. ino from general motors. target has been shuttling executives around af

. >> pandora is falling in the premarket, investigation into how artists are paid royalties as pandoraaces shareholders at its annual meeting an hour from now. >> first up the countdown to friday's jobs numbers heating up. adp said the private sector added only 179,000 jobs, below the forecast of 210,000. april's gains will revise lower a touch, down to 215. second low nest a year. the lowest since january. certainly not what you want to see ahead of a friday. >> i don't get it. you have the auto sales number that's incredible. you've got some amazing oil and gas hires. it's starting to spread into other states that didn't get a lot of business before. wisconsin. you're getting it in west virginia. but i get in the government -- no. white collar no. insurance no. banking no. you're just not getting it in some areas. don't have a housing boom yet. the lower rates haven't helped. it is so stop and start, it gets your head spinning. i cannot believe that we're not hiring more people. >> it comes on the heels of what you said last night, the positive trends working in the market, oil and g

where does pandora set with all of this? >> what is interesting with pandora and all the players here, they look at them in a rational manner. the company is going to get a chance to testify later this month. they believe consent decrees as they currently stand play an important role in how this all works. they can step in and rule. pandora feels like any major changes would be bad for business, but it will be really interesting to see. there is a comment period and we will see where everyone stands and if any major changes will be coming into play. >> phil mattingly in washington, i know you will follow that one for us. we will be back with more "bloomberg west" after this break. ♪ >> welcome back to "bloomberg west." i'm emily chang. target just named a new chief information security officer. he previously served that a similar position at general motors. the information officer is also named after that reach. they have been shuffling executives around that. marcus will be leaving ebay's mobile payment company to run faceb

pandora has over 3 million subscribers and last quarter it posted $29 million loss. the generator research data analysis and said that no current music subscription service including our key brands like pandora and spotify can ever be profitable even if they execute perfectly because they are paying 67% of revenue from licensing, which is unsustainable. i look at the statistics and of wondering why mr. miller is not getting paid and how we fix this. as i listen to you and seems to me what you are proposing basically is a transparent system that takes the middle man completely out of this scenario. is that going to work? >> i don't think it takes the middleman out at all. they are extraordinary voluble four aggregation, promotion, any number of roles. they only grow. it is critical that we record company numerate, and maintain updates of those who are involved, own, who needs to be paid, and we did not do that now it is extraordinarily difficult to talk about the market when you cannot look up and find all of the songwriters. let me tell you, there are some times more

pandora has its own distinct royalty disadvantage. a.m. fm radio pay nothing to the rds -- to the artists. >> phil mattingly, thank you. bloomberg is "on the markets their julie hyman is standing by. in the trading action, we have not seen a big move. and nasdaq were down. now they are down less than 1/10 of 1%. very little movement after the records we have seen in recent days. we are seeing more movement on an individual basis. green mountain got a jolt in trading after a partnership with subway. put out --ing to subway is going to put thousands of singleserve brewers in their restaurants. that may help put customers in the door for breakfast. we will have more in about 30 minutes. you will get more "bottom line" next. ♪ . . >> welcome back to the second half-hour of "bloomberg. online ergo i'm ark crumpton. we turn our focus to two business development companies. a private equity firm is sponsoring its second annual trends conference at the nasdaq today. of mympanies are part gladly's overall strategy to the first choice advisory to the

of the most heated battles pit pandora against broadcast music inc. and the american society of composers authors and publishers. groups provide a mechanism for legal protection for hundreds of thousands of songwriters and publishers. their contention is that pandora doesn't pay fair royalty rates and the current law does is take into account the rise of digital music. lawmakers are keenly aware tof it. thissaid, a timeline at point is very unclear. >> the justice department shut this debate up with its own decision to get involved. if you want access on this issue, these groups are under consent degrees in place since 1941. they guide have these royalty rates are set. look athas steadily these rates but they will review these very dated consent decreases. >> where does pandora set with >> what is? interesting with pandora and all the players here, they look at them in a rational manner. the company is going to get a chance to testify later this month. they believe consent decrees as they currently stand play an important role in how this all works. t

even as pandora growing listeners, that does bring higher fees, pandora does not benefit from economies? >> thank you very much, julia. >>> 1.8 million college grads are tossing up their caps, and now many are getting ready to enter the workforce. what are employers say about the class of 2014? dan is founder of millennial branding and author of "promote yourself". >> really happy to be here. does the gpa matter? >> gpa has no impact. only 2% of employers look at it. >> does your major matter? >> it matters. if you're majoring in liberal arts, you're in big trouble right now. >> so my government degree, government and foreign affairs wouldn't get me anywhere? >> it's a different landscape. it's all about computer science and engineering. those are the ones that pay the dividends, and business. >> what about business majors? people who have accounting, marketing, those kinds of skills? >> skills and the coarses and degrees that are applicable, they translate into jobs. >> so what kinds of companies are hiring? and what are they looking for? looking obviously for the right major, people w

pandora contributes hundred hundreds of millions of dollars. we celebrate a major milestone. $1 billion in total royalties paid. as this committee considers opportunities to improve music licensing, pandora hopes the committee will appreciate the central aspects of our current system of statutory blanket licenses including the consent decrees which encourage innovation through simplified licensing procedures, protect music users from the anti-competitive behavior of big copyright owners and make sure supreme their royalties. in today's highly concentrated music industry with fragmented and opaque copyright ownership, statutory blanket licensing is the most efficient means for digital music services to license the millions of copyrights owned by tens of thousands of copyright owners and are necessary to offer a compelling service to consumers. as the future of music coalition recently stated ", the incredible growth of internet radio would have been inconceivable had fledgling web casters been compelled to negotiate with all the music publishers

harrison, you spoke of the value pandora revives for hundreds of millions of americans. that would you agree there is some danger that if that product is provided without compensation, the berry product you sell could be in peril? >> i don't think i understand your -- a product that at least part of your inventory, eugene not compensate the artists for. to sound are referring recordings before 1972 -- >> the example ms. cash used, rerecording her father's song would be compensated, but someone playing the original recording would not be required to compensate her. does that strike you to the nonsensical, not good public policy echo >> i am actually a copyright lawyer. copyright makes these distinctions all the time. a song written in 1920 is part of the public domain and not compensated. yet if a modern-day recording artist were to record the song, that recording artist would receive a royalty. having said that, pandora would be in favor of following the copyright office's recommendations to allow the consumers to benefit rum things like fair use, to -- from things like

pandora has 3.3 million subscribers, last quarter it posted a $28.9 million loss. and the generator research did an analysis and said this, no current music subscription service, including marquee brands like pandora, spotify and rhapsody, can ever be profitable, even if they execute perfectly because they're paying 60 to 70% of revenue for licensing, which is unsustainable. i look at these statistics, i'm wondering, why mr. miller isn't getting paid and how we fix this. as i've listened to you, mr. griffin, it seems to me what you're proposing basically is a transparent system that takes the middle man completely out of this scenario potentially. is that going to work in the interim if. >> i don't think it takes the middle man out at all. i think there's still extraordinarily valuable for aggregation, for promotion, any of the number of roles that the societies play and that the companies play. they only grow. it is absolutely critical that we record, enumerate, maintain, updates of those who were involved with these works, those who own these works, those who we

pandora kicking off our top trades. shares initially falling. looking to review longstanding rules. stock came back later on a financial times report that twitter may have considered acquiring pandora. >> you know, you're always going to be susceptible to these types of rumors. but every time we think pandora is going out of business, it doesn't and increases its market share. i don't know if i would rather be here or in twitter which i already am. how about twitter being taken out by yahoo after the alibaba deal and then they can take out pandora. what about that? is that a pipe dream? >> pipe dream. >> pandora, every time you think it's going out of business, it continues to steal market share, i think you're safe. >> world cup rallies are a risky proposition. tim, you're already in. >> yeah. i don't think it's about the world cup. look at other parts of the foot ware and basketball a shoes up. i think this bodes well for the numbers coming out in the month. it's also about significant growth in apparel. when i look at nike, i look at their business, their ability to grow. these g

this will have a major impact on pandora. hollowly a. -- hallelujah. >> we will talk about the revolution in men's fashion. good morning. you are watching "market makers" on bloomberg television. >> the top father's day gift is no longer a weed wacker. eric is just a guy to do that interview. >> all my goodness. it is time for the news feed. the botox maker has rejected the takeover. undervaluesion bid the company. the market value is about $49 metlife will spend as much as $1 billion on the buyback. systemically important institution. donald sterling has changed his mind once again about the los angeles clippers. he will not support the sale of the team to steve ballmer. he will pursue a one billion dollar antitrust case against the nba. this is very mysterious. his lawyer told us earlier this week -- last week when you were in puerto rico that donald sterling and the nba had come to terms and everything was fine. >> a longer told you something that turned out not to be true? that is so weird. barrow is mary meeting with sha

. >>> the feds now investigating pandora. why it could end up costing you more. >>> nbc bay area honored with three national awards for excellence in breaking news coverage, feature reporting and public service and television journalism. all from the society of professional journalists. nbc bay area, we investigate. let's face it, most people don't know how to choose a new dentist. that's where we come in. we've helped over 8 million people find the right dentist, and we can do the same for you. call 1-800-dentist today. ♪ >>> 5:11 this morning. a live shot of san francisco to kick off your thursday morning. well, this morning you should be keeping an eye on pandora's stock price. the reason why the tech company finds itself as the focus of a justice department investigation. the doj is looking into the fees of pandora and services like it pay songwriters. it has led to multiple lawsuits. the reason pandora is at the center of it all because it pays much less to stream music than other companies do. bloomberg is reporting tha

talk about pandora.ants to hook up with a lot of automakers and has done some i know apple is trying to do this too. intel wants to be very much in the connected car. who is the winner there. >> the clear winner is pandora. they took this very seriously earlier. they recognize the product life cycle for these eoms is very long. so they were there early. -- oems. the good thing for them they will be able to gain listenership in this market. as i mentioned before a large percentage of listership takes place in the car. a large percentage of ad dollars take place in the car. adam: wouldn't it make more sense for combination of pandora and some terrestrial group. >> they have is subscription ad-based service. i don't see that in the short term but maybe over the long term. liz: it is a fascinating growing area. adam, james, rather thank you so much. i think it is fascinating to watch this growth. >> thanks for having me. liz: james marsh. >>> startling new details of how china's military could be spying on y

i am not saying pandora is right, but unless they use pandora or radio stations or spotify, what are do? yodel outside our office? samsung trying to avoid a disaster. they have come up with a safer hasit card -- sam's club come up with a safer credit card. >> growing concern about the shortage of bourbon. ♪ >> live from bloomberg headquarters in new york, this is "market makers," with erik schatzker and stephanie ruhle. welcome back to "market makers." i am stephanie ruhle. >> i am erik schatzker. steele, whose products you cannot buy at home depot. how has this company produced record sales while not selling at big-box retailers. fred white, nice to see you. how does it work? home depot has been a successful model for several companies. big-boxsteele avoided retailers? >> it is a matter of choice. we are privately held and we like to have a positive retail experience. when you come in to look at one of our products, the is -- you come into one of our retailers and everwill say, have you used a piece of power equipment before, what are you going to do with it, are you a homeowner? >>

blakely is the one who planned pandora. this is beyond a worst-case scenario. dr.lakely, what's going on? i found a linchpin that will bring about the end of our country as we know it. dr. blakely-- they're here. wait! wait! (gunshot) (tires squeal)

. >>> keep an eye on pandora stock price this morning. the tech company is now the focus of a justice department investigation. the doj is looking into the fees of pandora and services like it pay songwriters. the amount is a hot button issue that is multiple lawsuits. the reason pandora is at the center of it all is because it pays much less to stream music than other companies. pandora pays 4% of its music revenue to songwriters compare that to spotifiy which pays triple that, 12% and google pays up to 50% for music streamed on youtube. >>> san mateo company has hired former skype ceo and microsoft executive tony bates to serve as second in command. he will support ceo and founder nick woodman. bates will focus on the core bsz. go pro filed for an ipo last month but has not announced an official date when it will go public. >>> tesla ready to super charge its cars in china. it is now officially up and running. according the super charger station is the only one in the city located in a small technology park located next to tesla's new o

is on the rise. >> amazon is not going to favor y÷ compared to let's say, spotify or pandora, that wille a challenge, but amazon will respond by saying if you're a wçr(t&háhp % it is not a direct customer in the first place. >>> and focusing on music, amazon is making a bigger play< o. >> amazon is trying to create a complete portfolio of experiences for its customers from books to summer shorts to now a music subscription service. it means the full package in order to keep people coming back day after day. >>> one way to keep consumers coming back? a phone. there are reports that amazon will unveil one at an eveny@Ñ coming up on june 18th. >>> coming up, soccer fans have the world cup. fans now have "nightly business report's" new ultimate stock cup challenge. we'll explain next. explain next. >>> today, the world's biggest sporting event, the world cup begins with 32 countries battling out on the stage for ultimate prizes in football or soccer. and that got us thinking about the biggest rivals. we'll take a look at 16 companies that battle it out every day in global business and we'll

this will have a major impact on pandora.. >> we will talk about the revolution in men's fashion.

tookwe went into iraq, we the lid off pandora's box or pandora's jar as it was.nd we let all of the evil emerge. now it is almost impossible to put the cap back on pandora's box. asgaul was divided into three parts, it looks like a rack will effectively be divided into ds havingts, the kur their semi-sovereignty in the north, the shia in the south and the rest of the area under a civil war that will rage for some time to come unless mr. mailiki is prepared to bring the sunnis into a governing structure that will help pacify that arents now uniting under al qaeda, the most extreme elements of al qaeda, under him. i think you'll see iraq divided into three parts. there could be a threat to the entire region and to the united states. that pandora's jar analogy is appropriate given what we have seen play out in iraq. this kind of situation is something that many predicted. given what we see unfolding now, can we look back on the decision to invade and call it a mistake? >> i think there are lots of miscalculations. there was the miscalculation of going in and how we

since they prefer to download these songs from itunes or streaming over pandora. times change and i'm glad the music industry adapts to the preference of its fans and making new music available. however, the current licensing system hasn't changed. many feel our music licensing laws were designed for a world that existed decades ago and have become outdated. music lovers can now access music virtually anywhere on an ever-changing variety of devices. i may be old, i am old, but i'm also old fashioned in my view our copyright laws should promote access to music and still protect the interest of copyright holders. this is a traditional view of compulsory licenses and i see no reason why we cannot restore this balance. if not, we know consumers will resort to pirating sites on the internet for their respective music. there are some long-standing issues in the music business that i feel are important for congress to address. how royalty rates are determined, who pays music royalties and how older music works and treated under federal copyright law. i've been a friend o

pandora, buy, sell or hold?i tell people to no longer short pandora, but i don't have a case to be long. it's just too -- a lot of people are giving me trouble, i'm trying to lower the risk. that one is too risky for me. go to cullen in new jersey. >> caller: boo-yah, jim. big fan. >> thank you. >> caller: i'm short coupons.com. >> you short it? you know, i don't recommend shorts, but you know, the company is very -- the company is very expensive. let me say that. let's just leave it at that. and that, ladies and gentlemen, is the conclusion of "the lightning round." ♪ or their new product tanked? 6 ♪ or not? what if they embrace new technology instead? ♪ imagine a company's future with the future of trading. company profile. a research tool on thinkorswim. from td ameritrade. . >>> is it a marketing ploy or just good business? i'm talking about the revolutionary program that starbucks announced today to provide free online college education for those who work at the company. i think a lot of my colleagues and p

you want to play a song on pandora, you can say play whatever the song is on pandora and android willue that up for you. if you want to send a text message, you can do that all through voice. >> a second feature, you talked a lot about it knows where you are. >> yeah. it is completely context aware. obviously when you connect your android smart phone to the car, it knows you're in the car and probably driving. we will show you things that are applicable for the drive like accidents that happened up ahead. traffic information. your next turn that is upcoming if you're using navigation. it is context aware and shows you these things. it also knows right when you get in the car what your most likely destinations are going to be or most likely contacts are going to be based on the patterns of you using this device, not only when you're in the car, because you're connected it learns from any searches you may have done, a trip that you're taking on the weekend, it will have the destination cued up for you so you just tap it and go. >> the world of apps is a big one. obviously on your smart

>> he's telling us that he can't tell us anything because it will open pandora's box. >> what's thatinating information. >>> coming up -- >> what was he getting out of his whole game? >> oh, i think he enjoyed being in control. i think he enjoyed being a manipulator. >>> so i'm not going to lie to you, but i'm not going to tell you what you want to know. when disappearance at the dairy queen continues. but i don't want my breathing problems to get in the way my volunteering. that's why i asked my doctor about b-r-e-o. once-daily breo ellipta helps increase airflow from the lungs for a full 24 hours. and breo helps reduce symptom flare-ups that last several days and require oral steroids, antibiotics, or hospital stay. breo is not for asthma. breo contains a type of medicine that increases risk of death in people with asthma. it is not known if this risk is increased in copd. breo won't replace rescue inhalers for sudden copd symptoms and should not be used more than once a day. breo may increase your risk of pneumonia, thrush, osteoporosis, and some eye problems. tell your doctor if

>> it is a pandora's box. even though the majority opinion left a lot to be decided, the questions are now open. the publicly traded question is a separate one the court did not reach, but the logic of the opinion that certainly extend to health care coverage, coverage for vaccines and blood transfusions for people with allegis objections to those kinds of services, it could open the door to other kinds of objections some other kinds of workplace regulations that , lgbt amployee safety quality, job discrimination, that kind of thing. >> speaking with tara loewen the impact on women, this decision? >> it will depend a lot on how congress reacts to the decision. one of the things the supreme court said was that the accommodations offered by the administration to religiously affiliated nonprofits where they can certify that they object to providing this coverage, the insurance company then has to cover it at no cost, that was an alternative. one thing we will have to see is how the administration react. will that

strong opposition it's possible none of them make it into google but the report may be opening a pandora's box with signs of a growing desire to be changed migration policy that would have been unthinkable just a few years ago you were just going off r t where's. your friend posts a photo from a vacation you can't afford call it a different. the boss repeats the same old joke of course you like. your ex-girlfriend still tense tear jerking poetry keep can't ignore it. we post only what really matters at r.t. to your facebook you speak. of significant cost basis i think. people are going to be committed to your life for the sake of taking every minute to. make our last. well. my own life but. most of us think this setting all. these cases to meet. sometimes for nothing. to sleep. it's not just a good story could still be just if the safety of the state eight looked to be. but speech was. i would rather ask questions to people in positions of power instead of speaking on their behalf and that's why you can find my show larry king now right here on our t.v. question more. to get everything int

growing pains for pandora. nicole: the stock is lower.y got all good news pertaining to active listeners. the stock is lower. it actually brings higher loyalty costs for them. they saw listener hours up 28%. active listeners up 9%. the increase their market share. there was another piece of news on bloomberg about the department of justice. we will see what that means for pandora as well. stuart: the stock is down. thank you, nicole. kevin brady wants legislation and he is pushing it. congressman brady joins us right now. am i right in saying you will have this bill and it will completely innovate the death tax. it will get through the house. >> i think it is important. i think it is time for that. their are a lot of senators facing reelection where people do not believe you work your whole life and uncle sam swoops in and takes a third to a half. stuart: your opponent will say, if you reveal this tax, you are just giving money to the rich. there is a very strong sentiment in america today that we want to tax more, not just give money. >>

i go to songza, then i listen to pandora. i own a restaurant, what do you do? you put on pandora. you don't put on beats, but maybe i should. maybe a year from now i will. >> i want to pick up on a point you brought up last hour, when you were out at the code conference last week, and were interviews people in technology, there was a big buildup really from some apple officials about this particular event. i find it curious, since, as you pointed out, usually the big hardware devices are unveiled in the fall, so it's going to be interesting to see what they actually do unveil, given the statements of last week. s. >> yeah, last week talking to walt moss burg, probably the best product pipeline he's seen in 25 years. he said, wait a minute, that period of time covers 9 iphone and the ipad. are you telling my the current pipeline is even better? and ed question q stood by the statements. we talked every morning about underpromisings/overdelivering. it does sort of set up -- why would you say that in advances of this conference unless you had some element of surprise that was going t

strong opposition it's possible none of them make it into the go home but the record may be opening a pandora's box with signs of a growing desire to be changed migration policy that would have been unthinkable just a few years ago if you were just going over to the bears. did you know the price is the only industry specifically mentioned in the constitution and. that's because a free and open press is critical to our democracy albus. in fact the single biggest threat facing our nation today is the corporate takeover of our government an aircraft we've been hijacked why a handful of transnational corporations that will profit by destroying what our founding fathers want so that's my job mark it on this show we reveal the big picture of what's actually going on money while we go beyond identifying the trucks rational debate and a real discussion critical issues facing america five ready to join the movement then walk a big but. i'm marinating in the financial world. to see these developments i mean not stopping c.d.'s only takes no demand for credit it's not going to get any economic benefit in

strong opposition it's possible none of them make it into the go home but the report may be opening a pandora's box with signs of a growing desire to be changed migration policy that would have been unthinkable just a few years ago if you were going on forty bearers. on merit in the financial world. and not stop exit only taking credit. in life there are and there are of i'm happy martin the stories we cover here are not going on here in rags big story . the reason they don't want in. court and. now let's break the set. q. claims and the prospects of peace and preliminary talks of a limited nature are underway to avoid an all out civil war so it remains to be seen whether the regime in can have been seriously today one thing is certain violence only divides ukraine. into the. place right from the sea. the first trip. and i think pictures. on our reporters twitter. and instagram. to me in the know. that i get everything into the car and get out. plus it doesn't i know. that. i can somebody and everything died yes. yes yes all right let's go. to the chain station ten thirty now this is the saddam

such strong opposition it's possible none of them make it into cold but the report may be opening a pandora's box with signs of a growing desire to be changed migration policy that would have been unthinkable just a few years ago if you were just going over to the barriers. from home. for ever lucian to go straight from being a violent. the existing to be a well run is impossible it just won't happen because of the revolution so fallen. off the show so great that there is a period of. since the end of the cold war the media environment has transformed almost beyond recognition today there is a global battle for hearts and minds in the west mainstream media is losing. to get everything into the car and get. us to. you. ok does everybody have everything done yes oh yes all right let's go. through the chain station ten thirty now this is the start of trying siberia trip. and i'm excited but i'm also kind of you know i don't know what to expect the team is a little bit wary to moscow was unhappy early on telling me stories about how he could possibly be the worst thing ever so. i. got to get all