RealNetworks included some insights into the money situation at Rhapsody in the SEC filing for its second-quarter financial results. For the period, Rhapsody posted revenue of about $42.4 million, up from about $35.7 million in the second quarter of 2013. Despite the healthy jump in revenue, the service is still operating at a loss. Continue Reading
HEADLINE: Pandora met Wall street expectations in Q1, and grew key usage and revenue metrics.
HEADLINE: Pandora stock (P) is savagely down 15% as of this writing.
Why? The answer might lie in the company’s future guidance Continue Reading
“We have made significant progress in disrupting traditional radio in a short time, but we are just getting started.” –Brian McAndrews, Pandora CEO Pandora’s business mission is essentially invasive, intending to transform consumer habits by migrating listening from broadcast to Internet.… Continue Reading