Pandora has just announced that its online streaming radio has quite a few listeners. In fact, the company has surpassed 200 million registered users in the U.S. That’s up from 100 million registered users in July of 2011, meaning that around half of Pandora’s users have come over in the past two years, despite the fact that Pandora launched all the way back in 2005.
Slow and steady wins the… → Read More
Spotify and Rdio have already made their mark (for better or worse) on Windows Phone 8, but that doesn’t mean there isn’t room in the Windows Phone Store for another claimant to the streaming music throne. Nearly five months after it was publicly announced, Pandora has just officially pushed its native Windows Phone 8 app out into the wild. → Read More
Hot on the heels of a relatively strong quarter for the streaming music service, Pandora has announced that its long-time CEO and President, Joe Kennedy, will be stepping down. In a statement this afternoon, Pandora said that he will “continue in his current role until his successor is named.”
Kennedy, who has been at the helm of the streaming music service since July 2004 and helped take the… → Read More
Veteran streaming radio platform Pandora released its fourth quarter earnings today, in which it saw its fiscal 2013 revenue of $427.1 million, representing a 56 percent year-over-year increase, and fourth quarter revenue of $125.1 million, an increase of 54 percent year-over-year. In turn, mobile revenue for the fourth quarter grew 111 percent year-over-year to $80.3 million. → Read More
As it struggles to deal with rising royalty costs, streaming radio service Pandora is bringing back an old idea by capping free monthly usage at 40 hours.
The company previously limited free desktop usage to 40 hours per month, but it lifted the cap in September 2011. CEO Joe Kennedy suggested that Pandora’s mobile business is in a similar position to its desktop business a few years ago — it… → Read More
Pandora has fully launched in Australia and New Zealand, the only two places outside of the U.S. where the service is available in its entirety, with the addition of mobile access via iOS and Android apps today. Previously, the service was available in a limited form in both countries thanks to a web-only access trial, but now smartphone users can get in on the action. → Read More
Internet radio service Pandora released its financial results for the Q3 2013, ending October 31 2012. Revenue is up 60 percent compared to Q3 2012 to $120 million. Pandora reported a non-GAAP earnings per share of $0.05. It represents a GAAP net income of $2.052 million. Advertising revenue was $106.3 million, a 61 percent year-over-year increase. Subscription and other revenue was $13.7 million… → Read More
In this edition of my Foundation video series, Pandora CTO Tom Conrad shares his inspiration for reinventing the radio. He reveals how a jailbroken iPhone played a key part in Pandora’s success, and explains why Thanksgiving is the biggest day of the year for the service. He also tells the crazy backstory behind Web 1.0 flameout Pets.com, what it was like to be engineer during the “dark… → Read More
Pandora is one of the older and more established internet radio services out there, with 150 million registered users, 58.3 million active listeners and 115 million registered users on mobile. Now, with a lot of competition crowding its space from Spotify, (possibly) Apple, I Heart Radio and more, Pandora is looking to that mobile base for growth. Today, it is releasing new apps for iOS and… → Read More
At TechCrunch Disrupt NYC in May 2010, a young startup named Art.sy took home the “Rookie Disruptor Award” for its art-focused search engine, which allowed users to find art by style, category, size, color, and more. Art.sy also tapped into users’ social graphs to offer personalized recommendations to make art discovery a little less overwhelming.
The idea caught the attention of investors, and… → Read More
Pandora founder Tim Westergren denied claims that musicians earn peanuts from streaming services and said today at SF MusicTech that lower royalty rates would bolster innovation. “There are a couple artists making over $2 million on Pandora. Some artists making over $100K a year.”
Of the rumor that artists only make $15 a year from streaming services, Westergren said, “that’s far, far from… → Read More
One rumor that was nearly forgotten amid the iPhone 5′s launch and iOS 6 media circus was that Apple was reportedly looking to release a Pandora-killer soon. The streaming music service would be a natural next step in the progression Apple’s taken with digital music, but it looks like licensing issues may have stepped in the way once again. → Read More
There are reports circulating related to the security of users’ Pandora passwords. It’s not a password leak or an attack, however, but there’s concern that passwords aren’t being well secured on users’ computers. Initially, word was that Pandora was storing cleartext passwords (meaning unencrypted) directly on users’ hard drives, which would have been a major concern. Specifically, those passwords… → Read More
Internet music service Pandora just announced its financial results for the second quarter of its fiscal 2013. The company posted total revenue of $101.3 million, which was up 51 percent year-over-year. Yet, Pandora still reported a net loss per share of $0.03. As always, the most important expense for Pandora is content acquisition — in other words, music royalties. Non-GAAP earnings per share… → Read More
Pandora has been fairly open about the fact that mobile is a major focus for the music streaming company. More than 70% of listening on Pandora takes place on a mobile device—33 million hours of songs are played in a single day on Pandora, and 23 of those hours take place on mobile platforms. And more than 100 million of Pandora’s 150 million registered users have accessed Pandora via mobile… → Read More
Senzari, the Pandora competitor backed by $1 million in funding from 500 Startups and others, has just debuted a brand-new recommendation engine called AMP3, which steps up the competition quite a bit between it and other streaming radio providers. The new engine (which we’ll just call “AMP” for short) isn’t like the basic “artist radio” option found in Pandora, or the radio features in other… → Read More
Internet music service Pandora just announced its financial results for the first quarter of its fiscal 2013. The company had a total revenue of $80.8 million, a 58% increase year-over-year. Out of these $80.8 million, $70.6 million came from advertising revenue and $10.2 million from subscription revenue. Advertising revenue increased 62% year-over-year and subscription revenue increased 38%. → Read More
Miami-based streaming music startup Senzari, which aims to take on Pandora by targeting the markets Pandora misses (i.e., the rest of the world), has just closed an additional round of funding totaling $1 million. The round includes investors in both Miami and Silicon Valley, including, notably Dave McClure’s 500 Startups.
The company had previously raised $2 million from undisclosed angels in… → Read More
Ever since I met the Songza guys at New York Tech Meetup, I’ve wanted to learn more about the app. It’s the first music service that I’ve been excited to use, mostly because it removes the work entirely. I’ve been curious about a few things, like how Songza plans to combat the big boys, namely Pandora, and how exactly these guys are making any money. Remember, Songza has no audio ads, no limits… → Read More
Internet radio giant Pandora Media just reported fourth quarter results. The company posted revenue of $81.3 million, which was up 71 percent year-over-year. Non-GAAP net loss per share was $0.03. Analysts expected a loss of $0.02 a share, with revenue coming in at $83 million.
Advertising revenue was $72.1 million, a 74 percent year-over-year increase. Subscription and other revenue was $9.2… → Read More
Miami-based streaming music startup Senzari, backed by $2 million in angel funding, is continuing its international rollout today with an entrance into its third market since its U.S. launch into private beta last December. Today, the company is announcing that it’s dropping the invite-only status as it moves into Spain, where it has signed a strategic partnership deal with MTV Spain.
The… → Read More
The nominations have been tabulated and the votes are in. Over 300,000 nominations were calculated across 20 categories. Along with our partners GigaOm and VentureBeat, we are very proud to announce the finalists for 2011′s best in technology. Voting begins now.
For 2011, we’ve added some new categories. Best Location App, Best Cloud Services and Biggest Social Impact join the Crunchies ranks… → Read More
Internet radio service Pandora has posted its November listening stats in the top ten radio markets in the U.S. The company says that it has seen Average Quarter Hour (AQH) gains in each of the top ten U.S. radio markets since September.
Pandora says the gains ranged from 13 to 25 percent listening increases in each market with the biggest AQH gain of 25 percent occurring in the New York metro… → Read More
This afternoon at The Web 2.0 Summit, Pandora Co-founder Tim Westergren sat down with Fortune Editor Adam Lashinsky to talk about what’s going on at everybody’s favorite personalized radio platform. For those who may have missed it, Pandora recently enjoyed a relatively high-profile IPO, putting its “P” ticker symbol right smack in the middle of “IPO” — and the NYSE. And its stock has remained… → Read More
Popular personalized radio service Pandora, which went public in June, has just announced that it’s rolling out its overhauled, HTML5-based music player to everyone. The service has been testing the player since July, and it’s a huge improvement over the old Flash-based experience. Everything looks much more modern, it’s faster, and it’s easier to use.
The other big piece of the news: Pandora… → Read More
Pandora announced a significant redesign this morning, and paired with this announcement comes a number of user milestones for the music streaming and personalized radio service. The company now has 100 million registered users and 36 million monthly active users across its platform.
The company is announcing these stats at its first Analyst Day, a month after the company debuted on the New York… → Read More
Perhaps you noticed that TechCrunch went through a bit of a redesign yesterday. Well, we’re not the only ones undergoing a major facelift this summer. Another site you all know and love will soon look completely different. More importantly, it will soon function much better. It’s a change that will affect millions. Get ready for New Pandora.
Yes, after years of familiarity, Pandora will begin a… → Read More
Bubble or not, 2011 may go down as the year of the tech IPO. Not since the last bubble have we seen so many technology companies clamoring to go public. And halfway through the year, we still have many more companies who will be listing on either the NASDAQ or the NYSE in the next six months. Here’s a roundup of the tech companies that have gone public, where they are trading now, and who we can… → Read More
Zynga filed for its much awaited $1 billion IPO this morning, revealing some impressive revenue and profit numbers. And it looks like recent tech IPOs Pandora and LinkedIn are seeing some major increases in stock value in morning trading after a rocky few weeks.
LinkedIn, which opened at $83 per share in May, has hovered between $60 and $75 per share for the past month, dipping as low as $60 per… → Read More
After popping 60 percent yesterday in the first day of trading, shares of streaming music company Pandora are back to around $13 to $17 per share in morning trading. Pandora was priced at $16 per share on Tuesday evening, but opened at $20 and closes at $17.42 yesterday afternoon. Today, Pandora opened at $16.99 and dropped as low as $12.99 in trading. Pandora’s stock closed at $13.26, a 17… → Read More
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