Remember when Pandora was going to replace radio? Those were the Tim Westergren days and Pandora was a stand-alone company everyone was fawning over. Now it’s part of SiriusXM with a dwindling ...
Satellite radio giant SiriusXM saw a 6% revenue gain and added 279,000 subscribers in its satellite radio business, although it faced “headwinds” with its Pandora unit, which lost 63,000 subscribers ...
Even with a streaming market that’s actually been made more robust by the pandemic, SiriusXM plans to write down the value of its Pandora streaming service by around $1 billion, down 40% from the $3.5 ...
At Pandora ad revenue increased 32% to $404 million. The increase was aided by the purchase of Stitcher in Q4 of 2020. Monthly Active Users at Pandora were down, ad-supported listener hours were down ...
SiriusXM swung to a $677 million net loss last quarter from a $243 million profit the year before on a one-time, noncash charge of $976 million at Pandora. The anticipated hit was based on Pandora’s ...
Pandora Finance has closed on a $2.4 million seed round, according to the company. The round was said to be oversubscribed by 5X. Pandora’s strategic investors in the funding include Zokyo Ventures, ...