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Pandora earnings: A pivot point, mixed financials, and biggest new product in years comes to market

"2016 was a very significant year for Pandora, with progress on every important front. We enter 2017 with a clear set of strategic priorities and a solid plan to execute against them." That was Pandora CEO Tim Westergren starting his company's Q4 earnings call yesterday. Always optimistic, he laid out 2017 goals at a pivot point for the company he founded.

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Billboard incorporates Pandora data into Hot 100 chart

Billboard logo canvas

Billboard is adding Pandora streaming data to its rankings on the Hot 100 chart. The Pandora numbers now join Nielsen Music’s data about track sales, radio airplay, and on-demand streaming in determining placements. Pandora will also be used for streaming-based charts and the genre-specific charts that are based on the Hot 100 formula. This change will take effect beginning Jan. 31 (for charts dated Feb. 11).

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NY:LON Connect conference talks streaming prices, indie successes

Music Ally’s NY:LON Connect conference yesterday gathered experts and leaders from the music business to discuss some of the industry’s top topics. One session debated the prices for streaming music access and asked whether a lower monthly rate would help bring in more paying listeners. Another session focused on labels and how they can address the large share of media consumption given to video. This included a presentation by Charles Caldas, CEO of indie label network Merlin.

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App Annie 2016 report: Mobile driving revenue for streaming’s old guard

App Annie 2016 report canvas

Mobile analytics specialist App Annie has published its 2016 Retrospective. The report tracked another year of growth for the app industry, growth in worldwide downloads and time spent in app. Many other reports last year pointed to mobile as a key source of listeners for streaming music services, but this retrospective revealed that it can also be a big revenue driver.

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MusicWatch time spent listening data sees Pandora in the lead for 2016

MusicWatch weekly music streaming TSL 2016 canvas

MusicWatch sent RAIN News a pre-release note with results of its 2016 'Music Streaming Wars' study, and found that Pandora was had the largest share of weekly music listening at 28%. YouTube took second place with a 27% share. Both of those figures include the audio companies’ free and paid tiers.

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