Business

No. 34: Brian McAndrews & Tim Westergren | Power 100

Brian McAndrews, Chairman/President/CEO, Pandora Tim Westergren, Founder/Director, Pandora

34

BRIAN MCANDREWS, 56

Chairman/President/CEO, Pandora
Last Year's Rank: 40

 

TIM WESTERGREN, 50

Founder/Director, Pandora
Last Year's Rank: 40

While listener growth stalled with Apple Music's late-June arrival, Pandora had "a watershed year," says Westergren. It paid $467 million in ­royalties through the third ­quarter, and signed direct deals with labels, publishers and ­performing rights ­organizations to aid global expansion and an ­upcoming on-demand service. Pandora also purchased Ticketfly for $450 million to connect listeners to live events.

Artist With Whom He’d Trade Places (Westergren): "Questlove. He's like a planet everyone is orbiting."