By Trefis:
Pandora’s (NYSE:P) advertisement sales for its streaming radio service has been sluggish of late, particularly from its mobile platform. This is a growing concern given the competition that Pandora faces from SiriusXM Radio (NASDAAQ:SIRI) and the Spotify-Facebook partnership.
By Trefis:
Pandora’s (NYSE:P) reported its Q2 fiscal 2012 earnings Thursday. While revenue growth was impressive driven by continuous increase in mobile users, growing content costs are a concern. Content acquisition forms the majority of Pandora’s costs.
Spencer Osborne submits: The rumor mill is churning once again with reports that Internet radio music service Spotify will be launching in the United States sometime during the next three weeks. The latest has a target launch date sometime between July5th and July 15th.
Mother’s Day is around the corner and many moms, no doubt, will receive new charm bracelets as gifts on the big day. Charm bracelets have soared in popularity in the US, with
By Valuentum:
Internet radio company Pandora (P) reported some positive news Wednesday, with hours-listened in April rising 87% year-over-year. This comes after a very strong March, which saw hours-listened increase 88%. The company now has 5.8% of the radio market share in the US, compared to 3.1% in April of 2011.
As Yogi Berra famously said, “It’s like deja-vu all over again.” Less than a month after LinkedIn boosted its share price and subsequently saw its stock rise 109 percent on its first day
Ian Wyatt submits: The Pandora (P) IPO started trading at $20/share, higher than the originally projected figure of $16/share. We saw an immediate 63% jump in the share price to $26 a share. This puts Pandora’s value at $4.2 billion. By all accounts, Pandora had a successful IPO and the hype around the opportunity to buy Pandora shares remains. However, a harder look begs the question, is it worth it?