Pandora Q3 earnings: splashy, scary to Wall Street, and about the long view

Pandora reported its third-quarter earnings yesterday afternoon, with a splashy presentation that framed the quarterly ritual as Analyst Day. Analysts were evidently disappointed, based on a tumbling stock on two to three times normal trading volume. The call was about more than financials — the upcoming on-demand service is Pandora’s big bet. Click through for the RAIN report and analysis. Continue Reading

The Download on Podcasts: Discovery is a two-way street

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With over 300,000 podcasts in the market, most of which are jammed into the narrow funnel of Apple’s Podcasts app, it’s no wonder that program discovery is a prominent pain point for consumers. Discovery is emerging as an issue for distributors, too — networks who are beating the bushes for talent to create new programs. Continue Reading

New podcasting startup Bumpers arrives with $1 million in funding

Bumpers is the newest mobile app exploring the podcast space. It allows people to record their own podcasts directly on their phone. The company secured $1 million in seed funding and its app is currently available on iOS. Spark Capital led the round, and Twitter co-founder and Medium CEO Evan Williams is involved as a strategic angel investor. Continue Reading