1. Pandora's Longtime Chief Technology Officer Steps Down

    March 18, 2014 12:07 PM EDT Pandora has announced that longtime chief technology officer and EVP of product Tom Conrad will be stepping aside and "transitioning to an advisor role," the executive said in a letter to Pandora employees. (You can find Conrad's le ...

  2. Pandora Media to Issue New Stock, Crosslink Capital to Sell Some Holdings

    September 16, 2013 9:29 PM EDT Internet radio giant Pandora Media Inc. said Monday it will issue new shares in a move that could raise three times as much investor cash as its initial public offering two years ago. The move will refresh the company’s dwindling cash reserves a ...

  3. Pandora Names Brian McAndrews New CEO, President and Chairman

    September 11, 2013 5:26 PM EDT Digital advertising veteran Brian McAndrews will replace Joe Kennedy as CEO, president and chairman of Pandora, the company announced Wednesday. Kennedy announced in March he would be stepping down.   McAndrews is "uniquely qualified to lea ...

  4. Pandora Sees Quarterly Gains in Subscription and Mobile Revenue

    May 23, 2013 5:02 PM EDT Pandora's gains in its most recent fiscal quarter were helped by an increase in subscribers that stemmed from the listening caps the company placed on mobile listening in March. The company added over 700,000 net new subscribers to its Pa ...

  5. Pandora CTO Tom Conrad on the Company’s Past, Present and Future at SXSW

    March 12, 2013 10:44 PM EDT There was no shortage of news to discuss Tuesday when Pandora CTO Tom Conrad sat down for a one-on-one panel with TechCrunch’s MG Siegler on the last day of SXSW Interactive at the Austin Convention Center. The Internet radio giant recently lost ...

  6. Business Matters: Who Might Pandora's Next CEO Be?

    March 08, 2013 3:54 PM EST In the flurry of words written about Pandora over the past months and years, people tend to forget what it actually is. Pandora is not a social media company, although you might think otherwise reading some financial magazines. It’s not an Inte ...

  7. Pandora CEO Joe Kennedy Stepping Down to 'Recharge'

    March 07, 2013 6:29 PM EST Joe Kennedy, who has been at the helm of Pandora Media for nearly a decade, on Thursday announced he will sign off as the Internet radio company’s chief executive soon as a replacement CEO is named. “I love this business, which I helped create,” ...

  8. Pandora Implements Caps on Mobile Listening

    February 27, 2013 5:01 PM EST Pandora announced an initiative Wednesday to address rising content costs relating to its listeners' mobile use. The Internet radio company will cap mobile listening hours at 40 hours per month for U.S. users.   A blog post by Pandora founder ...

  9. Pandora Shares Plummet on Sour Fourth-Quarter Forecast

    December 04, 2012 5:49 PM EST Investors pushed the panic button on Pandora Media Inc.'s shares on Tuesday immediately after the Internet radio company released a disappointing fourth-quarter financial forecast that triggered a 21% slide in its stock price. The Oakland, Ca ...

  10. Three Songwriter Organizations Oppose Internet Radio Fairness Act

    December 03, 2012 2:14 PM EST In the last three weeks, three coalitions of songwriter organizations have written letters to congress opposing the Internet Radio Fairness Act (IRFA) while asserting that songwriters royalty rates paid by services like Pandora are too low and nee ...

  11. Radio Broadcasters Get an Earful at Internet Radio Fairness Hearing

    November 28, 2012 4:52 PM EST In a Congressional hearing that was supposed to be about Internet radio royalties , lawmakers and speakers instead spent a good portion of their time taking aim at the National Broadcasters Association for not having to pay performance royalties t ...

  12. Internet Royalties Showdown in Washington Wednesday: What to Expect

    November 27, 2012 6:01 PM EST Major stakeholders are expected to make their case on Wednesday in a Congressional hearing that will set the stage for what is likely to be a long battle over Internet radio royalty rates. At stake are hundreds of millions of dollars in fees paid ...

  13. Business Matters: 5 Reasons Why Apple Wants to Move Into Pandora Territory

    September 07, 2012 10:43 AM EDT Apple is in negotiations with rights holders for an Internet radio service similar to Pandora, according to reports in the Wall Street Journal and the New York Times . It appears Apple executives spot a hole in the needs of their consumers and the ...

  14. Pandora's Second Quarter: As Losses Grow, the Message Shifts to Mobile

    August 29, 2012 8:15 PM EDT Pandora shifted its message for its fiscal second-quarter earnings on Wednesday, putting more emphasis on the growth of its mobile revenue and listening hours. During the earnings call, Pandora CEO Joe Kennedy unveiled an unprecedented number of d ...

  15. Internet Radio: The Next Digital Underground

    July 19, 2012 6:35 PM EDT One is traded on the New York Stock Exchange. Another was recently launched by the world's leading on-demand music subscription service. And yet another has quietly accumulated 30 million monthly users. These three Internet services are part ...

  16. Business Matters: Paper on Post-Napster Industry Just Another Summer Rerun

    July 11, 2012 6:30 PM EDT New Paper On Napster Unveils Little 'New' Material An academic article by a Rutgers School of Law professor, titled " Copyright and Innovation: The Untold Story ," claims to have "uncovered" what was lost from lawsuit ...

  17. Business Matters: Pandora Growth Stalls As Dog Days of Summer Begin

    July 10, 2012 6:19 PM EDT Pandora Listening Drops As Summer Advances The growth of Internet radio leader Pandora is practically taken for granted as digital music gobbles up time previously spent listening to other formats. So it's a big deal when Pandora's liste ...

  18. Business Matters: As Clear Channel Lands Royalty Deal, Pandora Speaks Up About Webcasting Royalties

    June 06, 2012 8:30 PM EDT Pandora Speaks Up About 'Very High' Webcasting Royalties -- On the day Clear Channel announced a groundbreaking performance royalty deal with Big Machine Label Group, Pandora CEO Joe Kennedy was reiterating a message about its own perfor ...

  19. Pandora Beats Guidance for Quarter, Raises Guidance for Fiscal Year

    May 23, 2012 7:03 PM EDT Pandora Media pleased investors by beating estimates for its fiscal first quarter revenue and increasing its guidance for the fiscal year. Revenue grew 58% to $80.8 million, easily beating the company's guidance of $72 million to $75 million. ...

  20. Business Matters: NARM Embraces Big Data -- Will Big Data Reciprocate?

    May 08, 2012 9:29 PM EDT NARM Embraces Big Data -- Will Big Data Reciprocate? -- Big Data invaded the NARM conference on Tuesday afternoon. Terms like "KPI" (key performance indicators) and "regression analysis" popped up in a setting more used to disc ...

  21. A Look at Music Execs' Rising Pay: $34.6 Million Year for Irving Azoff

    May 03, 2012 12:18 PM EDT Most top music industry executives saw their compensation packages increase in 2011, according to an analysis by THR. THR looked at recently disclosed compensation for the leadership of publicly traded companies with music tie-ins, from satellite ...

  22. 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 ...

  23. Business Matters: Finally Global? Turntable.fm Doing Deals with Labels (Report)

    March 08, 2012 6:31 PM EST Turntable.fm's Could Go Global With New Major Licensing Deals Turntable.fm has signed a licensing deal with EMI and is close to completing deals with Universal Music Group and Sony Music Entertainment, according to CNET. The status of discuss ...

  24. Business Matters: Pandora Needs Investors Ready For the Long Haul

    March 06, 2012 9:29 PM EST Pandora Needs Investors Ready For the Long Haul -- Pandora had a clear message during Tuesday's earnings call for its fiscal fourth quarter and fiscal year ended Jan. 31: We're the future, but the future isn't here just yet. We' ...

  25. Pandora Shares Drop After Fourth-Quarter Earnings Report

    March 06, 2012 5:03 PM EST Shares of Pandora where free-falling 15 percent in after-hours trading on Tuesday after the digital music company reported uninspiring quarterly earnings results. The provider of online music reported revenue and profit that missed the expectation ...

  26. Billboard Power 100: Tim Westergren

    January 27, 2012 12:07 AM EST No. 40 Tim Westergren Founder/Chief Strategy Officer Pandora Twitter: @TimWestergren Reshaping Radio... Internet radio in 2012 can be traced back to one person: Tim Westergren (right), the founder of personalized Internet radio service Pandora. Th ...

  27. Business Matters: EMI Sues Grooveshark (Again), Pandora Takes Longview, Sirius Adds 1.7M Subscribers, EMI Execs' 'Forfeited' Bonuses Overstated

    January 05, 2012 6:39 PM EST EMI Sues Grooveshark for Breach of Contract -- Controversial music-streaming service has been sued by EMI - again. EMI Music Publishing has Grooveshark for breach of contract, according to reports at the New York Times and other outlets. The lawsu ...

  28. Pandora Reaches 40 Million Active Users, Sees No Impact from On-Demand Services

    November 22, 2011 9:11 PM EST Pandora is a radio station and "one of the largest radio stations" in major U.S. markets, CEO Joe Kennedy said during Tuesday's conference call for the company's fiscal third quarter earnings . Kennedy was addressing two common ...

  29. FutureSound Keynotes: Pandora CEO Joe Kennedy, Superfly Co-Founder Rick Farman, S-Curve Founder Steve Greenberg

    November 18, 2011 2:00 PM EST Keynote speakers Steve Greenberg ( CEO/Founder, S-Curve Records) and Travis Clark (of We The Kings) with Michael Jakary , VP of Label and Field Marketing at UMG Distribution.(Photo: Arnold Turner/A. Turner Archives) The closing events of the openi ...

  30. 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 ...

  31. Business Matters: Mobile Listening Outpacing Mobile Ads, Pandora CEO Says

    July 23, 2011 1:55 PM EDT Mobile Listening Outpacing Mobile Ads, Pandora CEO Says -- Pandora CEO Joe Kennedy has suggested one of the analyst's fears about its business is coming true -- the company is not selling enough mobile ads. "The sheer level of aggregate ...

  32. Business Matters: Pirate ISP, Pandora, Slacker, Apple and more

    July 21, 2010 12:00 AM EDT PIRATE ISP TO LAUNCH IN SWEDEN -- It was bound to happen: The Swedish Pirate Party plans to launch an ISP that allows users to roam the Internet anonymously. Pirate ISP is starting with a small launch and will roll out to the entire country later ...

  33. Kennedy Joins Ecast Board Of Directors

    May 30, 2007 12:00 AM EDT Ecast, a U.S.-based broadband touchscreen media network, has appointed Joe Kennedy to serve on its board of directors. Kennedy currently serves as CEO of Internet music service Pandora. "Joe's insights in running successful, high-growth ...