0

Pandora, Sirius XM close investment. Sirius execs join board.

Pandora and Sirius XM have closed the strategic investment announced in June. Sirius XM has purchased 307-million Series A shares of P stock for a $480-million investment in the internet radio firm. At the same time, Sirius execs James E. Meyer (CEO), David J. Frear (CFO) and Gregory B. Maffei (Chairman) joined the Pandora board. Maffei is now chairman of both companies. Continue Reading

0

Pandora smart speaker listening up 282%, motivating new Edison Research study

Pandora has added to the smart speaker research hitting the industry this year with the first release of information from a commissioned survey by Edison Research examining how consumers use Amazon Alexa and Google Home devices. The survey was conducted with interesting methodology, essentially reinventing the listening diary concept. Continue Reading

0

Pandora earnings: Premium in perspective, programmatic on deck

A month after Pandora turned a corner with a new CEO, new board members, and new minority owner, the company released Q2 earnings. During the webcast investor call interim Chief Executive Naveen Chopra went through the basic financial metrics and took questions from investors. Click through for key points in the Q&A. Continue Reading

0

Pandora stock rises on analyst thumbs-up; Pandora Premium said to be on “maintenance”

Pandora stock is benefitting today from two encouraging pieces of Wall Street news. As of this post, P stock is up three percent, to its highest level of July. One investor’s note to clients reveals how Pandora is re-allocating resources to favor the radio service, putting Pandora Premium in maintenance mode. Continue Reading