Pandora Said to Win a Nod Toward Buying KXMZ-FM in South Dakota

Internet radio pioneer Pandora Media Inc.’s efforts to buy a South Dakota radio station in order to pay lower music royalties is advancing before U.S. regulators.

Federal Communications Commission Chairman Tom Wheeler asked fellow agency members to give Pandora a waiver it sought of a foreign ownership rule, said two agency officials who requested anonymity because his recommendation isn’t public.