Pandora exec discloses ad revenues, and needs a new car
Pandora VP of Investor Relations Dominic Paschel is a frequent guest speaker at investor conferences. We last eavesdropped on his remarks in December, at a JP Morgan event. Paschel recently held forth at the Sanford C. Bernstein Future of Media Summit. Paschel’s presentation provided an update of several aspects of Pandora’s business:
- Pandora’s view of competition
- Audience metrics: time spent per user
- Revenue metrics: growth of local ad sales
- A certain problem with Dominic Paschel’s car