Pandora

  1. Pandora Shares Bounce on Analyst Upgrades

    August 30, 2012 7:21 PM EDT Analyst upgrades and improved fiscal 2013 guidance pushed shares of Pandora Media as high as $12.43 Thursday before ending up 14.3% to $11.52. Trading was heavy at 40.6 million shares versus a daily average of 2.8 million. Pandora's Second Qu ...

  2. Business Matters: Pandora Seen Building Up Local Ad Sales Teams

    August 13, 2012 12:27 PM EDT The good news is somebody on Wall Street thinks Pandora is building its local ad sales team to generate more revenue. The bad news is somebody on Wall Street thinks the costs of building out its local ad sales teams will hurt Pandora's profit ...

  3. Spotify Radio Improves With Thumbs-Up (or Down) Function

    August 13, 2012 11:44 AM EDT Spotify has added thumbs to its desktop radio, allowing listeners to fine tune an artist station by giving a song a "thumb up" or "thumb down." This is the latest in what's sure to be a lot of tweaking to its radio product ...

  4. Business Matters: Pandora Adds 400,000 Listeners in July

    August 06, 2012 4:26 PM EDT Pandora Adds 400,000 In July Pandora increased its monthly active users to 54.9 million in July from 54.5 million in June. Listener hours increased to 1.12 billion -- up 76% year-over-year -- from 1.08 billion. Perhaps most importantly, Pandora re ...

  5. Business Matters: Mr. Westergren and Pandora Go to Washington

    July 19, 2012 4:33 PM EDT Mr. Westergren and Pandora Go to Washington -- Legislation drafted by a U.S. Representative suggests that fights over Internet royalties, and the lobbying and publicity efforts by Internet radio giant Pandora, are starting to heat up. According to ...

  6. Business Matters: Spotify Does Many Things Well, But Radio Isn't One of Them

    June 19, 2012 5:32 PM EDT Spotify's Radio Problem -- Since June 2011 it has been quite easy to gauge what people think of the latest digital music service: see how much the market punished Pandora's stock. When Spotify launched on July 14, shares of Pandora fells ...

  7. Business Matters: Triton Media Helping Pandora Seem More Like a Radio Company

    May 21, 2012 5:48 PM EDT By Acting More Like Radio, Pandora Can Sell Advertising Pandora Media will become a successful Internet radio service by acting more and more like a radio company. In order to be a radio company, you need to use metrics common in the radio busines ...

  8. Business Matters: Critics of Universal-EMI Merger Still Lining Up, But Outcome Still in Doubt

    May 17, 2012 6:30 PM EDT UMG's Acquisition of EMI Expected to Experience Bumpy Road to Approval Universal Music Group's planned acquisition of EMI's recorded music division continues to spark commentary and criticism. European regulators approved the acquis ...

  9. Latin Conference: Univision's Jose Valle Says Latin Artists Need To Push Into Mainstream Radio Market

    April 25, 2012 12:15 PM EDT Univision Radio president Jose Valle speaks during his Q&A at the Billboard Latin Music Conference. (Photo: Michael Seto) Radio has changed with social media and with the evolving demographics of music lovers. That's one thing radio execu ...

  10. Business Matters: Pandora's Stock Hits All-Time Low of $9.03

    April 09, 2012 4:41 PM EDT Pandora's Stock Hits All-Time Low Pandora's stock fell to an all-time low of $9.03 Monday and closed at $9.18, a 7.46% dip. The root cause for Monday's decline appears to be an analyst's report that surfaced Thursday but wasn&# ...

  11. Clear Channel's iHeartRadio To Extend Ad-Free Playback, Citing Pandora's Cautionary Tale

    March 29, 2012 7:00 AM EDT LOS ANGELES (AP) - Clear Channel CEO Bob Pittman says that the radio company will keep part of its iHeart Radio online service ad-free for at least a few more months, explaining that a consumer backlash against ads on Pandora Media Inc.'s com ...

  12. Business Matters: Senate Passes Crowdfunding Bill, Pandora's Vastly Varied Valuation

    March 22, 2012 4:53 PM EDT Senate Passes JOBS Act Aimed At Helping Startups Raise Money Entrepreneurs of all stripes, and certainly some in the media and entertainment field, are likely applauding a bill that helps them raise money. The Jumpstart Our Business Startups (JOBS ...

  13. Business Matters: SXSW Interactive Was Big on Parties and Celebrities, But Light on Breakthrough Products

    March 15, 2012 8:30 PM EDT SXSW Interactive Was Big on Parties and Celebrities, Light on Breakthrough Products -- During SXSW Interactive, commonly written as SXSWi, I asked 20 or more people -- music industry professionals, digital professionals, random people -- which tec ...

  14. Business Matters: Analyst Upgrade Boosts Pandora Shares Day Before Earnings Release

    March 05, 2012 7:54 PM EST Analyst Upgrade Boosts Pandora Shares Day Before Earnings Release -- An upgrade from a Stifel Nicolaus & Co. analyst a day prior to Pandora's earnings call helped push the company's stock up 5.5% Monday and gave the company a market ...

  15. The Cloud Is Running Out of Room: Here's How It Affects Spotify, Pandora and Others

    February 21, 2012 3:17 PM EST CNN Money's chart, which relies on data from the FCC, shows our wireless spectrum surplus becoming a deficit next year It's true what they say: Our digital lives are moving to the cloud. Whenever we fire up Facebook instead of a local em ...

  16. Business Matters: At 10 Million Users, SoundCloud is Scratching the Surface

    January 23, 2012 7:02 PM EST SoundCloud Hits 10 Millions Registered Users On-demand services and some webcasters might get more headlines, but SoundCloud is currently one of the world's hottest digital music companies. The popular audio hosting-and-sharing platform annou ...

  17. What Would CES Be Without an Internet Enabled Refrigerator That Runs Pandora?

    January 10, 2012 4:02 PM EST Would you like Pandora with your ice? The more the Consumer Electronics Show changes , the more it stays the same -- and by "it," we mean the internet-enabled refrigerator that can inevitably be found somewhere on the CES showroom floor. ...

  18. Pandora's Stock Jumps With Announcement of 125 Million Registered Users As CES Gets Rolling

    January 10, 2012 2:17 PM EST Pandora is going into CES with over 125 registered users and an average listener time of 18 hours per month. The company's Monday press release also boasts of a 68-percent share of the top 20 Internet radio services for the month of November, ...

  19. Business Matters: Disappointing Best Buy Quarter Part of Technology Retail Slide

    December 13, 2011 6:44 PM EST Tech Retail In The Dumps -- Best Buy shares fell 15.5 percent Tuesday on heaving trading (five times the daily average) after the company released disappointing sales figures for its fiscal third quarter ending Nov.26, 2011. Revenue dropped 2 perc ...

  20. Spotify's New Radio Features Bring Out Investors' Doubts About Pandora

    December 12, 2011 3:02 PM EST Pandora Media (NYSE:P) shares had dropped 5 percent in midday trading Monday in the wake of music-streaming service Spotify's unveiling of upgraded radio features. The broader market was also down Monday, meaning Spotify wasn't behind th ...

  21. Pandora to Debut Free Concert Series With Dawes; Invites Based on Listeners' Preferences

    December 08, 2011 8:53 AM EST Pandora announced today that a new series of free concerts will debut on December 13 in Portland, Oregon, with ATO recording artists Dawes. Invitations for the series are being sent based on each listener's musical preferences on Pandora, suc ...

  22. Pandora Partners With DMX To Launch Internet Radio For Businesses

    November 01, 2011 12:32 PM EDT Broadcast radio isn't the only market ready for disruption. Internet radio company Pandora unveiled on Tuesday a business-to-business product in conjunction with brand experience service DMX . Pandora for businesses costs $24.95 per month plu ...

  23. Business Matters: Music Discovery by the Numbers

    October 25, 2011 7:39 PM EDT Music Discovery by the Numbers -- How much do people want to discover new music? It's a tough question to answer, but a few new statistics help paint a picture of music lovers' desire to learn more about the songs they hear. SoundHound s ...

  24. Pandora Hires Its First CMO

    October 17, 2011 3:24 PM EDT Pandora Media announced Monday (Oct. 17) that it has hired its first chief marketing officer, the first C-level since the company's June IPO : Simon Fleming-Wood. He was a marketing executive at Cisco Consumer Products and Pure Digital Techno ...

  25. Business Matters: Would You Buy Pandora Stock at $18 a Share?

    October 14, 2011 5:44 PM EDT Would You Buy Pandora Media for $18 a Share? -- Barrington Research initiated coverage on shares of Pandora Media (NYSE:P) this week. Its analysts set a price target of $18 and gave the stock an "outperform" rating. The note to investors ...

  26. Billboard's Women In Music 2011: Jessica Steel

    October 01, 2011 12:00 AM EDT No. 25 Jessica Steel Executive VP of business and corporate development, Pandora Media Website: Pandora.com Twitter: @pandora_radio Jessica Steel has led Pandora's business development since 2004, when Savage Beast Technologies pivoted into t ...

  27. Pandora Unveils Site Redesign, Drops Listening Caps (Sort Of)

    September 21, 2011 3:23 PM EDT The New Look: A screen grab from the newly redesigned Pandora site. Pandora came roaring out of the gate today with a fairly substantial overhaul of its website, as well as a change in how many hours of music users can stream for free. Previously, ...

  28. Business Matters: Pandora Stock Falls 11% on Debut of New Clear Channel iHeartRadio Service

    September 08, 2011 6:57 PM EDT Pandora Stock Falls 11% on Debut of New Clear Channel iHeartRadio Service -- The changing strength of Pandora's competition was evident in the company's stock price Thursday. Shares of Pandora Media (NYSE:P) fell 10.91% on the day Clear ...

  29. Business Matters: Pandora Shows Strong Growth, Sees No Impact from Spotify Launch

    August 25, 2011 8:52 PM EDT Pandora Shows Strong Growth, Sees No Impact from Spotify Launch Internet radio company Pandora Media delivered what it needed to deliver in its first earnings release as a public company: growth in the important, top-line categories like active us ...

  30. Is Music Sharing On Pandora Better Than Spotify?

    July 26, 2011 4:20 PM EDT As Pandora rolls out its new design , with an increased emphasis on music sharing, the big question is: How does it compare to Spotify ? While the two music services are separate products, with generally separate audiences and features, it's ...

  31. As Pandora Passes 100 Million Users, Can It Sustain Its Lead?

    July 13, 2011 12:23 PM EDT Pandora Media held its first get together for equity analysts on Tuesday. Its pitch: this is just the beginning. The company's road map was clear and realistic. Rather than eye other markets or undertake a radical transformation, Pandora is g ...

  32. Business Matters: Clear Channel's Personalized Radio Service Due In September

    July 11, 2011 8:15 PM EDT Clear Channel's Personalized Radio Service Due In September -- Pandora is going to get a new competitor this year -- and it's not Spotify. Clear Channel is bringing out the big guns later this year for the debut of its personalized Inter ...

  33. Business Matters: DISH Picks Odd Time to Show Interest In Pandora

    June 28, 2011 8:47 PM EDT DISH Picks Odd Time to Show Interest in Pandora -- According to numerous media reports, satellite television operator DISH Network may buy an interest in, or outright acquire, personalized Internet radio company Pandora Media. The comment made by ...

  34. Do Investors Really Understand Pandora and Digital Music?

    June 27, 2011 2:56 PM EDT One reason for the wide swings in Pandora's stock price is due to wide differences in enthusiasm about the company. Investors with the greatest belief in the company purchased at $24 per share . Others waited until the price dropped below the ...

  35. Five Things Not To Expect From Pandora Post-IPO

    June 17, 2011 5:33 PM EDT Pandora's IPO has brought new expectations for both the company and digital music in general. There has been chatter about what its IPO means to digital music, how its product will change and how quickly it will tackle International expansion ...

  36. Business Matters: Pandora Falls 24% on Second Day of Trading

    June 16, 2011 5:53 PM EDT Pandora Crashes Back to Earth, But Why? - After flying high on its opening day of public trading, Pandora Media came crashing back to earth on Thursday. Shares closed down 23.88% to $13.26, erasing $690 million in market value. Pandora's IPO ...

  37. Pandora's Tim Westergren Talks With Billboard About IPO, Revenues, and the Future

    June 15, 2011 12:29 PM EDT After more than a decade of struggle, during which it almost shut down several times, Pandora today launched a highly successful initial public offering that so far has seen shares rise from an opening of $16 to $24.20, and the day is far from ove ...

  38. Pandora IPO Prices Above Expectations at $16 per Share

    June 14, 2011 8:20 PM EDT NEW YORK - Online music service Pandora Media late Tuesday priced its initial public offering of 14.7 million shares at $16, above the previously targeted $10-$12 target range. That means that the move to go public will generate $235 million in pr ...

  39. Five Questions We Have About Pandora's IPO Tomorrow

    June 14, 2011 5:03 PM EDT By all accounts, tomorrow is the day Pandora puts 14.7 million shares of stock on sale to the public , equal to about 20% of its total equity. At an offering price of between $10 - $12 a share, that would raise around $146 million and value the co ...

  40. Business Matters: Pandora Raises IPO Price, BTIG Analyst Advises Investors to Pass

    June 10, 2011 4:14 PM EDT Pandora IPO: Bulls vs. Bears -- Pandora is feeling good about its initial public offering of common stock. The company has upped the number of shares and its target price for its IPO, according to a revised S-1 SEC filing . The original plan was t ...

  41. Pandora Adds Huge Archive of Comedy Clips

    May 04, 2011 11:19 AM EDT Pandora has added comedy tracks to its personalized Internet radio service. The company's comedy content currently includes 10,000 "sketches" from over 700 comedians, Pandora explained in a blog post. Pandora says it has a team of w ...

  42. Pandora Achieves 10 Billionth Thumb

    May 02, 2011 8:18 PM EDT Pandora logged its 10 billionth thumb on April 24, founder Tim Westergren announced at the company's blog . That thumb (Pandora's version of the like button on Facebook) went to the Jason Derulo song "Ridin' Solo." Westerg ...

  43. BMW to Include Pandora in All Models

    April 28, 2011 4:56 PM EDT After starting out by integrating Pandora into its Mini line, BMW said in a statement Thursday (April 28) that it will add the customized Internet radio service to all 2011 and 2012 models - although those models must have the BMW APPs option inst ...

  44. Pandora Subpoenaed In Federal Investigation Into Smartphone Apps

    April 04, 2011 3:01 PM EDT Pandora has been served a subpoena related to a federal investigation into personal information shared by smartphone apps "that run on the Apple and Android mobile platforms," according to an update to the SEC filing that announced the c ...

  45. How Will Pandora Turn a Profit? New Toyota Campaign Should Help, A Lot

    March 04, 2011 1:01 PM EST After Pandora filed for an IPO in February, attention was drawn to a business model some felt was unsustainable. People tended to focus on two facts: roughly half the company's revenue goes toward royalties; and its royalty rate will increase ...

  46. Business Matters: The Pandora Pandemic: The Personalized Internet Radio Service Reaches 75 Million Users

    January 13, 2011 12:00 AM EST The Pandora Pandemic -- Personalized Internet radio service Pandora surpassed 75 million registered users last year and now has 850,000 songs in its catalog, founder Tim Westergren revealed in a blog post. He also shared some metrics that show eng ...

  47. @CES: Music in Your Car Will Get a Lot Sweeter With These New Apps

    January 07, 2011 12:00 AM EST LAS VEGAS -- Music got truly mobile at the Consumer Electronics Show this year, as a number of car manufacturers and car stereo makers finally got serious about including digital music apps into their products. The vast bulk of the activity lay in ...

  48. Analysis: Why a Pandora IPO Would Work

    December 22, 2010 12:00 AM EST While 2010 lacked the type of big-dollar digital music deals of earlier years, 2011 may be different. Personalized online radio service Pandora is said to be considering a mid-2011 initial public offering, according to TechCrunch . These rumors ha ...

  49. Pandora Launches Local Mobile Ads

    October 18, 2010 12:00 AM EDT Pandora launched a mobile advertising initiative designed to attract small and medium-sized businesses in local markets nationwide. Advertising the core of the Pandora business model, and local advertising (such as small/medium-sized business owne ...

  50. @MEL: Pandora Blasts Into New Mercedes-Benz Models

    October 06, 2010 12:00 AM EDT Hit online radio app Pandora continues its march into non-traditional devices with the announcement that the service will appear in select Mercedes-Benz models. Pandora is also coming to some GM model vehicles after experiencing explosive growth o ...

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