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The deal calls for SiriusXM to pay the equivalent of $10.14 a share for Pandora, which rose 8.6 percent in premarket trading Monday to $9.87. SiriusXM's stock fell 2.3 percent to $6.82.
Founded nearly 11 years ago, Internet radio service Pandora has weathered a number of seismic changes in the online music scene, and survived its own brushes with near closure, to emerge as the ...
Satellite radio giant SiriusXM is buying the Oakland, Calif.-based digital radio company Pandora in an all-stock deal valued at $3.5 billion, the companies announced Monday.
The campaign to get radio stations to pay up for the music they play marches on. With revenues from recorded music sales declining, rightsholders have turned their eyes in recent years to ...
Pandora will be the largest company affected by the new rates, and any increase would likely hurt its bottom line. The Internet radio service already operates on relatively low margins—much like ...
Pandora has partnered with 23 automakers or auto audio providers to grab a bigger bite of the $17 billion radio advertising money. Dashboards in Fords, Chevys, Toyotas, BMWs, Hondas, Hyundais ...
Pandora, the Internet radio service, has over 200 million registered users who listen to the station for 1.31 billion hours per month. So why did the company just buy KXMZ-FM, a small terrestrial ...
Since Pandora referenced radio’s “reach,” let’s note that the same percentage of Americans are tuning to radio weekly in 2017 as did in 1970, and they are tuning in more than five days/week.
iTunes Radio opened with "Watermelon Man", but interestingly, it chose not the original version heard in Pandora, but Hancock's completely reworked funk-influenced version from the classic 1973 ...
Agency and ad tech vet Alan Schanzer landed at Pandora as SVP of Agency Relations on Jan. 13, and his goal is to broaden the streaming radio company’s relationship with advertisers. “I’ll be helping ...
Pandora’s audio ads are about to get personal. The streaming giant partnered with UK-based dynamic audio creative vendor A Million Ads on Thursday to bring tailored creative and sequential messaging ...