Pandora
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Pandora Acquires Ticketfly For $450M To Sell Concert Tickets
Pandora has a new tool in its belt to fight against Apple Music and Spotify. The music streaming just announced it will purchase Ticketfly, a Ticketmaster-type site, for $450m in cash and stock. Pandora says in a press release that Ticketfly’s service will allow Pandora listeners to better find live music events.
It’s unclear at this point how deep the Ticketfly integration will… Read More
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Full Stack Music: 1 Trillion Streams, 200 Million Tickets
At present, there are three distinct music industries: radio, on-demand music, and concert ticketing. However, we are starting to enter a new phase, where these industries will converge and produce one integrated experience for artists and fans. I’ve taken to calling this full stack music, because at heart it speaks to a holistic experience that integrates these industries through data. Read More
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How Will Pandora Survive Apple Music? Co-Founder Tim Westergren Will Tell Disrupt SF
Pandora put radio on the Internet, but now startups like Spotify and giants like Apple are trying to knock it out of the three comma club. When every music app is building its own radio feature on top of on-demand listening, how will Pandora get by on algorithmic suggestions alone? I’ll ask Pandora co-founder Tim Westergren on-stage at TechCrunch Disrupt SF. Read More
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Pandora’s “Sponsored Listening” Ad Format Exits Beta, Offering Mobile App Users An Hour Of Uninterrupted Listening
Following the arrival of stronger-than-expected earnings last week, radio service Pandora this morning announced the expansion of its “Sponsored Listening” ad product, which is now being made available to all advertisers. The product, which was first introduced this past fall, was said previously to be scheduled for a launch in the second half of 2015. Instead of more… Read More
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Pandora Q4 Falls Short With $268M In Revenue
Pandora’s earnings report for the fourth quarter of 2014 disappointed Wall Street, with revenue of $268 million and diluted earnings per share of 18 cents (that’s non-GAAP).
That means the company fell a bit short of analyst expectations for EPS of 19 cents especially on revenue, where analysts had predicted $276.5 million. Read More
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Pandora Now Offers Audience Data To Musicians
Pandora just announced something called the Artist Marketing Platform, offering a variety of listener data to everyone whose music is played on the Internet radio service. In the release announcing the AMP, Pandora says the platform will offer data about each song (including the total number of plays and the number of thumbs up), as well as the number of fans who have created a station for… Read More
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Pandora, Indiegogo Release Employee Diversity Reports
Indiegogo reported 33 percent of its tech employees are female, a relatively higher percentage than other companies that have recently released diversity reports. In comparison, Twitter’s tech employees are 10 percent female, and those numbers are only slightly better at Snapchat (about 15 percent), Facebook (15 percent) and Google (17 percent). Both Pinterest and eBay both reported… Read More
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Pandora Q2 Tops Estimates Slightly With $218.9M In Revenue, But Its Stock Is Falling
Pandora came in just slightly ahead of analyst estimates in its just-released second quarter earnings report.
The streaming music company reported revenue of $218.9 million (up 38 percent on a non-GAAP basis) and non-GAAP earnings per share of 4 cents. Analysts had projected that the company would report revenue of $218.6 million and EPS of 3 cents. Read More
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