Pandora
Pandora is laying off about 5 percent of its workforce as it shifts to more automated ads
Streaming music service Pandora is laying off about five percent of its employee base and taking “other cost-saving measures” in an attempt to save about $45 million annually. According to…
Spotify is testing a new playlist-based music app that’s a lot like Pandora
Spotify is testing an app that sees it move firmly into Pandora’s territory. ‘Stations’ is a new Android-only app that is being piloted by the company in Australia — it…
Pandora listeners can now watch video ads to access on-demand music
Streaming radio and music service Pandora is today introducing a new way for people to access on-demand music, without having to upgrade to a Premium subscription. For the first time,…
Music streaming business Pandora reported earnings after the bell on Thursday. Adjusted earnings per share were negative six cents, better than the negative eight cents that Yahoo Finance analysts were…
Pandora made $80M in U.S. app store revenue in Q3, booting Netflix from the top grossing spot
In the face of fierce competition from Spotify and Apple Music, Pandora has been growing its in-app subscription revenues, according to new data from Sensor Tower. The streaming music service…
Sling TV founding CEO Roger Lynch is Pandora’s new president and CEO
Pandora announced today it has appointed Robert Lynch as its new president and CEO. Lynch was the founding CEO of Dish’s Sling TV previous to the move. He will also…
Pandora sort of bounces back after months of chaos
Pandora is probably breathing a small sigh of relief after months of chaos have still ended with a positive second quarter, sending the shares up more than 7 percent in…
Netflix was the top grossing app in Q2, with mobile revenue up 233% since last year
Netflix’s booming subscriber growth, announced in the company’s earnings last week, is also being felt on the App Store, where its app has again become the top earner in terms…
Pandora CEO Tim Westergren is officially out amid company shakeup
Following rumblings of a shakeup over the weekend, Pandora confirmed today that co-founder Tim Westergren is stepping down from his role as CEO. Naveen Chopra, who stepped in as the…
Crunch Report | Caldbeck and Mazzeo leave Binary Capital
Binary Capital co-founder Justin Caldbeck quits as Matt Mazzeo steps away from the firm, Pandora co-founder and CEO Tim Westergren will step down according to reports, Houzz raises a huge $400M round…
Pandora co-founder and CEO Tim Westergren will step down according to reports
Pandora’s chief executive and co-founder Tim Westergren intends to hand over the reins at the company, according to a report in Recode citing people familiar with the company’s plans.
Crunch Report | SoftBank Buys Boston Dynamics
SoftBank is buying Boston Dynamics, Pandora sells 16% of company to SiriusXM and Taylor Swift is coming back to music streaming. All this on Crunch Report.
Pandora raises $480M from SiriusXM, sells Ticketfly to Eventbrite for $200M
Troubled streaming music service Pandora has finally found a white knight of sorts to boost it with a cash injection as it looks to improve its business: SiriusXM has just…
Pandora adds a continuous listening mode with AutoPlay, while considering a Sirius XM investment
Pandora today is rolling out a new feature to its Premium tier that will allow subscribers to continue to listen to music, uninterrupted, when their current track, album or playlist…
Discontent and disruption in the world of content delivery networks
As content delivery networks (CDN) market leaders grapple with technological shifts, some innovators are making rapid advances. The CDN market, estimated at $5 billion today, is anticipated to be more…
Pandora will consider buyout before selling $150M in preferred stock to KKR
Pandora is taking a cash infusion to maintain “a strong balance sheet” as it struggles to shift from radio to the increasingly popular on-demand streaming model. Private equity firm KKR…
Crunch Report | Facebook Launches Camera Effects Platform
Today’s Stories Facebook launches augmented reality Camera Effects developer platform Facebook launches beta of Spaces, its goofy and fun social VR platform Snapchat introduces World Lenses – live filters for…
Pandora Premium opens to all, invites no longer needed
Pandora Premium, the company’s paid, on-demand service and rival to Spotify, is today available to all users. The service was technically launched in March, but required users request an invitation to…
Pandora becomes the latest tech company to turn to private equity
If you haven’t being paying attention, private equity firms love them some technology companies. According to new Pitchbook data, one-fifth of all U.S. private equity deals in the first quarter…
Report: Free trials push Apple Music ahead of Pandora and Spotify on mobile usage
Spotify may be the reigning leader when it comes to the largest number of paid subscribers for a streaming music service, but it’s Apple that comes out on top when their…
Today’s Stories Intel buys Mobileye in $15.3B deal, moves its automotive unit to Israel Pandora’s on-demand music service finally arrives Facebook tells developers to not use data for surveillance YouTube…
Pandora’s on-demand music service finally arrives
Pandora’s long-awaited alternative to Spotify has arrived today. The company this morning announced the debut of a new paid tier to its streaming service called Pandora Premium, which offers a…
Internet music giant Pandora fell 4 percent in initial after-hours trading after the company released its fourth-quarter 2016 earnings results. Pandora actually beat expectations, but this was already worked into the…
Sources: Spotify may delay IPO to 2018 as it rethinks licensing deals
Spotify — the music streaming company with over 100 million users (40 million of them paying) — has long been seen as one of the more likely candidates among larger tech startups…
Spotify, Netflix, LINE, Pandora & HBO NOW top the list of 2016’s biggest apps by revenue
According to a new year-end report from Sensor Tower detailing the top apps of 2016, streaming services dominated when it came to which apps, outside of games, pulled in the most revenue…
Pandora said it would lay off around 7 percent of its U.S. workforce, excluding Ticketfly, by the end of the first quarter this year in an announcement that it would…
Pandora’s Spotify competitor launches next year
Pandora’s Spotify competitor is on its way. Announced this week at press event in New York, Pandora Premium, as the service is called, offers on-demand listening of millions of songs,…
Internet radio pioneer Pandora, saw its shares jump over 11% on Friday to $12.77, amid renewed acquisition speculation. A report from CNBC indicated that Pandora and SiriusXM are expected to…
Crunch Report | Donald Trump Is 45th President of U.S.
Reactions to Trump as president, GoPro is recalling the GoPRo Drone, TeamIndus is a team of 100 engineers in India trying to get to the moon, Twitter gets twice the…
Pandora just released its biggest web redesign since 2011. Back in the day, when Pandora first launched, everything was web first, mobile second. But as more and more people made…