Pandora will get its $300-million next week as stock nears YTD low and CRB decision looms

Pandora issued a follow-up press release today, after announcing yesterday that the company is issuing a $300-million debt offering to institutional investors. Pandora stock closed down 11.5% yesterday, and has inched downward another 2% this morning, nearing the year-to-date low of $11.51 per share. Continue Reading

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Internet Radio Rewind #67: Adele makes history; Pandora raises cash; Songza bids farewell; more

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The weekly update of the streaming audio industry, from RAIN News. THIS WEEK: Adele’s history-making album; Pandora raises $300-million for ambitious 2016; Songza nears the end; Acast raids WNYC in U.S. launch. Continue Reading