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Items Tagged With: “Pandora”
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Pandora Music grows significantly
Pandora Music has just reported its first quarter results, and the statistics are staggering. Revenue grew to $81 million, which is a 58% increase from last year.
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Pandora grew quarterly revenue from ads from $43.6 million to $70.6 million
Total revenue, including subscriptions to its premium service, improved from $51 million to $80.8 million, as CEO Joe Kennedy says the numbers exceeded his outlook. He's raising his expectations for the rest of the fiscal year that began on February 1.
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Mel Karmazin discusses possible takeover scenario at SiriusXM meeting
Liberty Media, which came to Karmazin's rescue in 2009, may now be thinking about capturing the smaller company. At Tuesday's annual shareholders meeting, they asked the CEO questions about it.
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Internet radio stations fight for dominance
The big three Internet radio stations, Pandora, Spotify, and iHeartRadio, have been clashing recently over the news each has sent out showing that they are growing. Spotify is reporting that it is close to a new round of financing that could bring in close to $220 million for the company.
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Spotify is raising over $200 million from new investors
Facebook isn’t the only online destination with its eye on a billion-dollar rally. According to The New York Times, Spotify is raking in hundreds of millions from new investors.
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Pandora qualifies AQH & cume, via Triton Digital
Big news for Pandora, which has been touting its own audience measurement statistics for some time, to the chagrin of terrestrial radio broadcasters: The online radio service will align with Triton Digital to provide audience size and local & national reach via Triton’s Webcast Metrics audience measurement platforms. The data will make it easier fo…
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Pandora says its share of U.S. radio listening reaches nearly 6%
The just-reported April percentage of 5.96% is up from 5.79% in March, and Pandora claims that its "active listeners" grew from 51 million in March to 51.9 million in April. The 51.9 million figure compares to 34 million a year ago.
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iHeartRadio tweaks app for new-generation iPad
iHeartRadio now includes support for the new iPad’s Retina Display, allowing greater visual clarity. Second, there is deeper Facebook integration, which lets users share songs and stations they like with friends via Timeline.
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March Triton Digital Internet Audio Rankers show growth for Pandora, CC
Pandora's "Average Active Sessions" number grew nearly 100,000 from February, while "Session Starts" jumped form 524 million to 610 million. Active Sessions were also up again for Clear Channel, which continues marketing its iHeartRadio mobile app.
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Jacobs Media’s Techsurvey8 reveals tech trends for radio listeners
Jacobs Media deems it “the largest radio tech survey ever conducted.” Its all-format Techsurvey8 collected stats online from 170 North American stations, 12 radio formats and 57,358 listeners in January about the high-tech revolution inundating the broadcast industry. Its bottom line, according to Jacobs President Fred Jacobs: Despite all the gizmo…
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Spotify eyes Pandora-like product for U.S.
Bloomberg is reporting a new ad-supported product from Spotify that could be in the U.S. by year-end.
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Microsoft develops Spotify-like 'Woodstock' for multi-platforms
Microsoft is poised to replace its Zune music service, aiming the code-named “Woodstock” directly at Spotify users. The Verge reports that the move continues Microsoft’s shift away from the Zune brand toward its well-known Xbox. Read More
Survey says: Take away Pandora and listeners prefer...
Radio researcher Mark Kassof conducted a survey this month of 1,177 Pandora listeners for the “Listener/Think” series on his Research and Strategies blog, to discover what alternatives fans would favor if that option vanished. The news for terrestrial radio operators: 49% of the respondents mentioned it near the top as an alternate source of au…
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Pandora cozies up with Dish Network for new offer
The Dish Network is offering Pandora to its subscribers using the Hopper multi-room DVR system, free of charge. The user will have to have an Internet connection in order for the service to work, and it will allow the subscriber to create customized radio channels to play through their television.
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Analysis: 70% of SoundExchange's 2011 growth came via Pandora
SoundExchange’s recently issued Annual Report reveals that collections from all statutory services amounted to $371.9 million in 2011, representing an increase of 40% ($106M) compared with the previous year. Angus MacDonald, General Counsel with Live365, writes in Audio4Cast that the real brow-raiser in the report is that Pandora accounts for mor…
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Triton Digital monthlies for Feb. show online growth for Pandora, Clear Channel
Pandora's reported "average active sessions" for February were 1,234,213, up from January's 1.19 million. Its "session starts" were 524.6 million, up from nearly 489 million.
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Pandora says local advertisers are using it in greater numbers
Pandora’s personalized radio service says that more than 400 local advertising campaigns are on deck to run in the first quarter of 2012. Chief Revenue Officer John Trimble says advertisers are interested in Pandora’s targeting abilities with its diverse platform of digital, mobile, audio and video advertising: “We're seeing more local advertisers …
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Pandora releases March 2012 audience metrics: Wags finger at Arbitron
Pandora’s internet radio service has announced listener metrics for the month of March 2012. According to the company, listener hours crossed the 1 billion mark, an increase of 88% from 567 million during the same time period last year.
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Clear Channel extends the "no ads" policy on iHeartRadio
CEO Bob Pittman cites the "cautionary tale" of alleged listener irritation with Pandora, for the ads it runs on its pureplay music streams. Pittman tells the Associated Press at the 4A's "Transformation LA" that Clear Channel will continue offering iHeartRadio as a commercial-free product for what the AP calls "at least a couple more months." Clear…
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Pandora won't be re-entering the UK any time soon: Rates still too expensive
Pandora is standing by its decision that steep streaming rates are keeping the popular streaming service from waving its flag in the U.K. Pandora retreated from the nation in 2008, citing excessive music streaming rates.
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