Pandora Archives - Page 5 of 5 - Digital Music News

Pandora Shares Collapse 36% In Friday Trading…

October 23, 2015

The sell-off follows an abysmal financial disclosure on Thursday by Pandora CEO Brian McAndrews, one that includes losses of $85.9 million in the past three months alone. It also follows an extremely quest... Read More...

Don’t Worry, Pandora Only Lost $85.9 Million Last Quarter

Paul Resnikoff

October 22, 2015

Updated: Pandora shares are now plunging more than 35% in Friday trading, more here. Will somebody please give this company a business model? According to just-disclosed financials, Pandora lost a cru... Read More...

Pandora Preparing to Pay $90 Million for Pre-1972 Recordings

Paul Resnikoff

October 14, 2015

That's according to the New York Post, which is now reporting that Pandora has agreed to settle over the contentious issue of pre-1972 recordings. Specifically, the legal question has been whethe... Read More...

Pandora Has $450 Million to Buy a Ticketing Company, But Only $5,600 to Pay a Top Songwriter

Paul Resnikoff

October 8, 2015

Breaking: Pandora Shares Sliding After $450 Million Ticketfly Purchase

Paul Resnikoff

October 8, 2015

Pandora's expansion into ticketing sounds interesting, but does it make solid business sense? So far, Wall Street is having difficulty with Pandora's rationale for acquiring Ticketfly for a lofty $450 mill... Read More...

Thank You for Diversifying: Pandora Acquires Ticketfly for $450 Million…

Paul Resnikoff

October 7, 2015

Theoretically, companies can't go on forever without turning a profit, though perhaps Pandora's problem is diversification. Or, lack thereof: as ad-supported online music proves to be one of the worst busi... Read More...

Wall Street Is Totally Unimpressed With Streaming Music…

Paul Resnikoff

October 5, 2015

"A flat line for U.S. streaming subscribers is quite a worrying signal for music industry investors." Seeking Alpha analyst Pim Keunsler. It's been a rollercoaster for Pandora on Wall Street, but IPO hope... Read More...

Indie Labels Just Handed Pandora a Huge Royalty Break

Paul Resnikoff

September 21, 2015

This one is big for Pandora, really big. So big that the New York Stock Exchange was forced to halt trading on Pandora (P) shares twice this (Monday) morning, based on extremely heavy buy volumes. And the... Read More...

Pandora’s Summer Surge Starts Melting on Wall Street; ‘Buy’ Ratings Prevail

Paul Resnikoff

August 24, 2015

Pandora (P) is now witnessing a modest summer run-up go poof, thanks to a broader Wall Street meltdown that has music and entertainment stocks under pressure. In Monday trading, shares of Pandora slipped a... Read More...

Pandora Doubles Its Lavish Park Avenue Office Space…

Paul Resnikoff

August 12, 2015

Pandora may be stiffing artists like Pharrell, Aloe Blacc, and arguably every songwriter and producer, but when it comes to office space, penny rates need not apply. According to City of New York commercia... Read More...

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