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Sirius XM closes acquisition of Pandora; Jim Meyer lays out strategic bullet points

As predicted in this week’s Sirius XM earnings call for Q4 2018, the Sirius XM acquisition of Pandora closed today. Pandora is now a wholly owned component of the satellite broadcaster. In the earnings call, Sirius CEO Jim Meyer had things to say about Pandora, and was explicit in laying out broad strategic thoughts. Click through for abundant quotes. Continue Reading

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Purge at Pandora as Sirius plans takeover; Roger Lynch out

Pandora’s shareholders have approved a big change to leadership, a move that will see new owners Sirius XM exerting much more control over the audio company. The January 29 meeting saw stockholders approve the all-stock acquisition of Pandora by Sirius XM. When the buyout closes, several high-ranking officials will leave Pandora, including CEO Roger Lynch. Continue Reading