As part of a plan to alter the way it pays musicians and songwriters, Internet music service Pandora spent $600,000 to buy a terrestrial radio station in Box Elder, S.D.

David Lowery, a lecturer in Terry's Music Business Program and leader of the bands Cracker and Camper Van Beethoven, spoke to economic news outlet The Deal about his take on artist compensation by Internet companies.

"In this supposed bastion of capitalism, there's price-fixing, as if this was World War II and we're rationing sugar and nylons," Lowery said.

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