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Wikipedia

Pandora (service)

Pandora is a subscription-based music streaming service owned by the broadcasting corporation Sirius XM Holdings that is presently based in Oakland, California inside of the United States. The service carries a focus on recommendations based on the "Music Genome Project", which is a means of classifying individual songs by musical traits such as genres and shared instrumentation. The service originally launched in the consumer market as an internet radio service that would generate personalized channels based on these traits as well as specific tracks liked by the user; this service is available in an advertising-supported tier and additionally a subscription-based version. In 2017, the service launched Pandora Premium, which is an on-demand version of the service more in line with contemporary competitors.

Pandora
Type of businessSubsidiary
Type of site
Music streaming service
Available inEnglish
FoundedJanuary 2000; 24 years ago (2000-01) (as Savage Beast Technologies)
Oakland, California, U.S.
HeadquartersOakland, California, U.S.
No. of locations7
Area servedUnited States
Founder(s)Will Glaser
Jon Kraft
Tim Westergren
Key peopleRoger J. Lynch (CEO)[1]
Aimée Lapic (CMO)
David Gerbitz (COO)
Chris Phillips (CPO)
ServicesInternet radio
Employees1,938 (2019)[2]
ParentSirius XM (2019–present)
SubsidiariesRdio (as of December 22, 2015)
Next Big Sound
Adswizz (as of May 29, 2018) Stitcher
URLwww.pandora.com
AdvertisingBanner ads, video ads, audio ads
RegistrationOptional (required to save stations)
Users55.9 million active (2021),[3] 6.4 million subscribers (2021)[4]
Current statusActive
Native client(s) onUniversal Windows App, iOS, Android
Written inJava
[5]

The company was founded in 2000 as Savage Beast Technologies, and initially conceived as a business-to-business company licensing the Music Genome Project to retailers as a recommendation platform. In 2005, the company shifted its focus to the consumer market by launching Pandora as an internet radio product. Pandora is a freemium service; basic features are free with advertisements or limitations, while additional features, such as improved streaming quality, music downloads and offline channels are offered via paid subscriptions.

In February 2019, Sirius XM Holdings acquired Pandora for $3.5 billion in stock.[6][7] In 2021, Pandora had about 55.9 million active monthly users, and 6.4 million subscribers.[8] As of 2022, Pandora reportedly had fewer than 50 million active users.[9]

History edit

Early history edit

In 2000, Will Glaser, Jon Kraft, and Tim Westergren founded the company as Savage Beast Technologies.[1][10] Will Glaser had conceptualized the concept of classifying music by various traits and attributes—an effort that he would later name the "Music Genome Project". The company was originally pitched as an e-commerce service that would use Glaser's associated algorithm as a recommendation engine, but this idea was scrapped after the Dot-com bubble hit its peak in March 2000. Afterwards, the company pursued licensing the technology to other retailers, such as AOL Music and Best Buy (who used it for in-store kiosks as a trial).[11]

The company faced increasing debt, and ran through its initial $2 million in funding by 2001. Glaser, Kraft, and Westergren then convinced Savage Beast's 50 employees to work for two years without pay,[12] prompting a lawsuit by former employees in 2003 due to deferred salaries being illegal under California law. After settling the suit, just a few employees were laid off. In 2004, based on the success of the Best Buy pilot, Walden Venture Capital led an $8 million round of funding, and hired Joe Kennedy—formerly of automaker Saturn[13]—as its new CEO. After agreements with Best Buy and Borders lapsed, the company began to shift its attention to the consumer market, resulting in the development of Pandora as an internet radio service using the Music Genome Project as a personalization system.[11]

After a beta period, Pandora officially launched in September 2005.[14][11] Upon its launch, it was a subscription-based service,[11] but added a free, ad-supported version in November after Westergren realized users were abusing its 10-hour free trial by making new e-mail addresses.[11] Advertising could also be targeted based on the current song.[11]

Growth edit

In 2011, Pandora went public via an initial public offering on the New York Stock Exchange.[15] At the time, Pandora had 800,000 tracks from 80,000 artists in its library and 80 million users.[16] As of end of mid-year 2018, Pandora had 71.4 million active users.[17]

On March 7, 2013, Pandora chairman and chief executive officer Joseph J. Kennedy announced that he would leave the company after nine years.[18]

In April 2013, Pandora announced that its radio streaming service had 200 million users, including 70 million monthly active users.[19] By December 2013, Pandora accounted for 70% of all internet radio listening in the United States.[1]

On September 1, 2013, Pandora removed a 40-hour-per-month limitation for free mobile listening.[20] As of October 2014, less than 5 percent of active listeners were paying subscribers.[21]

By November 2014, Pandora had approximately doubled its library size, topping 1.5 million songs.[22]

On September 15, 2016, Pandora launched "Pandora Plus", a new subscription service to compete with other streaming services; the price was set at $4.99 and was available in later months.[23]

In early 2017, Pandora revealed that 56 million of its 81 million active users subscribe to the Today's Country station and that country music accounted for more than 1.7 billion listening hours on the platform in 2016.[24]

On July 31, 2017, Pandora discontinued services in Australia and New Zealand, citing a need to focus solely on the U.S. market.[25][26]

In September 2017, Roger Lynch became CEO and stated that he wanted to expand the service's focus on podcasts, with similar discovery features to those for music, as well as new monetization options.[27] In January 2019, Lynch's departure was announced following the approval of Sirius XM's acquisition of Pandora. Lynch will be replaced by Sirius XM CEO Jim Meyer.[28]

On February 26, 2019, Pandora announced the launch of Pandora Stories, a new marketing tool for artists. The feature allows artists to build music playlists combined with voice tracks, where they can add a narrative and deeper insights.[29]

In October 2019, Pandora's parent company, Sirius XM, signed a multiyear deal with Marvel to launch a series of superhero-based podcasts in 2020.[30]

Acquisitions edit

On June 11, 2013, Pandora announced it would purchase FM radio station KXMZ in Rapid City, South Dakota.[31][32] On October 7, 2015, Pandora announced it had acquired independent ticketing agency Ticketfly for $450 million,[33] which it subsequently sold to Eventbrite for $200 million on June 9, 2017.[34]

In November 2015, streaming music service Rdio, founded by Skype co-founders Janus Friis and Niklas Zennström, declared bankruptcy and sold its assets to Pandora for $75 million.[35] Pandora retained 100 Rdio employees, including Iain Morris and Rich Masio, who joined a growing licensing department in pursuit of direct licenses with labels and publishers.[36]

In March 2018, Pandora announced it would acquire digital audio ad technology firm AdsWizz for $145 million.[37]

In February 2019, Sirius XM Holdings acquired Pandora for $3.5 billion in stock.[6][7]

In July 2020, Sirius XM acquired the Stitcher company for $325 million.[38] Following the acquisition, Sirius XM integrated Stitcher's exclusive podcasts into its additional music and podcast listening service, Pandora. At the peak of its popularity, Stitcher was reported to have nearly 14.5 million weekly users.[39][40]

Features edit

Streaming edit

Listeners can tune into established genre stations, other users' stations or create their own stations based on their musical interests.[41] The user can use thumbs up and thumbs down buttons to declare whether they like a track or not, which determines whether similar songs should be played in the station.[42] A second thumbs down to the same artist will ban that artist from the selected station.[43] A thumbs down immediately skips a song, but the number of times a user can skip tracks is limited unless they are using one of the paid subscription plans, or opts to watch a video ad.[44][45] More than 450 musical attributes are considered when selecting the next song.[46] These 450 attributes are combined into larger groups called focus traits, of which there are 2,000.[47] Examples of these are rhythm syncopation, key tonality, and vocal harmonies.[47]

Pandora is available in a free advertising-supported service, and a subscription-based tier known as "Pandora Plus" (rebranded from "Pandora One" in September 2015), which also features offline playback support using a prediction mechanism, and more skips and replays.[44]

In March 2017, a third tier known as "Pandora Premium" was launched, which allows users to listen to and create playlists of individual songs on-demand (making it more in line with competing services such as Apple Music and Spotify). The recommendation engine can also be used to generate playlists of similar songs. Pandora also emphasized a use of machine learning and manual curation, including filtering out low-quality content such as "knock-off covers" and karaoke tracks.[48]

In October 2019, Pandora added full song credits to their app, displaying the data on who contributed to which song.[49]

Limitations edit

Initially, users with free accounts could listen to 40 hours of music a month, and could pay $0.99 per month for unlimited streaming. In September 2011, Pandora removed the 40-hour listening limit.[50] This 40-hour limit on free listening was re-introduced in March 2013 for mobile devices.[51] However, this limit was removed once more in September of the same year.[20]

In September 2016, a rewind function was introduced allowing users to replay a song. The updated streaming service also allowed users to skip an unidentified number of additional songs per hour if they opted to watch an ad. Previous to that, users were only able to skip six songs in an hour.[52]

Device support edit

Pandora apps are available for Android and iOS.[53] Apps are also available for Apple Watch and Wear OS smartwatches.[54][55] An app for the Pebble smartwatch platform was also available[56] before that platform was discontinued. Integrations have also been offered with smart speakers.[57] Support for voice control was added to the mobile apps in January 2019.[53]

Business model edit

In the three months that ended October 31, 2011, advertising comprised 88% of Pandora's total revenues;[58] that was reported as 80% in December 2013.[1] RPM (revenue per thousands of hours) is determined based on CPMs (cost per thousand impressions). CPMs are largely dependent upon network effects and thus increase as a website scales and adds users. As such, Pandora's strategy in order to allow for widespread distribution was to offer a service unbundled from devices and transport. Pandora also works with system-on-chip manufacturers to embed its technologies on the chips they sell to consumer electronics manufacturers like Panasonic, Samsung, and Sony.[59]

Pandora's cost structure is highly variable, with content acquisition costs representing roughly 50% of total costs.[58] There are three main costs associated with content acquisition. First, SoundExchange collects content fees on behalf of labels or artists on the recording themselves. These are by far the largest content acquisition costs.[citation needed] Second, Pandora pays licensing fees to agencies such as BMI, ASCAP, or SESAC in order to compensate composers, songwriters and publishers. Lastly, Pandora also pays TiVo Corporation for song and artist information; this has recently been structured as a flat monthly fee.

High variable costs mean that Pandora does not have significant operating leverage, and in the next couple years[clarification needed] might actually have negative operating leverage due to an unfavorable shift in product mix towards mobile. Pandora is currently estimated to monetize mobile hours at roughly one-ninth the rate of desktop hours.[60] Since Pandora pays the same licensing cost per hour irrespective of the user's platform, the net contribution to earnings per mobile hour is even more skewed with respect to contribution to earnings from desktop hours. Mobile revenues will improve over time as Pandora shifts from relying on third-party ad networks to selling ad inventory internally at premium rates.

In January 2011, Pandora met with investment banks to consider a possible $100 million IPO.[61][62] The company filed with the SEC for a $100mm IPO on February 11, 2011, and officially began trading on the New York Stock Exchange with ticker symbol "P" on June 15, 2011, at a price of $16/share. This gave them a valuation of nearly $2.6 billion.[63]

Pandora announced $80.8 million in total revenue for their first quarter of fiscal 2012, which was up 58% over their previous year Q1 results. Of the $80.8 million, $70.6 million came from advertising, while the other $10.2 million came from subscription. In addition, Pandora has seen a 62% advertising revenue increase, and a 38% subscription revenue increase year-over-year.[64] However, the vast majority of Pandora's users remain on the free, ad-supported model.

Royalties edit

Pandora's business model was threatened by changes to royalty structures affecting internet radio in the United States, with the Copyright Royalty Board having ordered increases to per-song performance royalties (which are not paid by terrestrial radio) in March 2007.[11][65][66] Pandora was a member of an industry group, SaveNetRadio, which opposed the increases.[11] In August 2008, Westergen told The Washington Post that they were "approaching a pull-the-plug kind of decision", arguing that "the moment we think this problem in Washington is not going to get solved, we have to pull the plug because all we're doing is wasting money."[67]

On July 7, 2009, SoundExchange announced that agreements had been reached on royalty rates for internet radio, with larger webcasters paying a minimum of 25% of total revenue or rates per-song per-listener, whichever is higher. Pandora described the new rates as being "a middle ground that, while perhaps not meeting all of our aspirations, still represents a thoughtful and reasoned outcome under the circumstances." Due to the new rates still being relatively high in comparison to terrestrial radio, Pandora announced that ad-supported service would be limited to 40 hours per-month, and that users would be required to pay a $0.99 fee (separate from the Pandora One subscription, which is ad-free) to receive unlimited listening for the remainder of the month [68][69][70] With an update to the Pandora player in September 2011, the 40 hour cap was extended to 320 hours.[50][71]

On November 22, 2011, Pandora reported its Q3 earnings. Royalty costs accounted for 50% of revenue, slightly better than expected. Its revenue, most of it from advertising, continued to rise at respectable rates. Not only has Pandora attracted more users but the average number of hours per user have also increased. Pandora now accounts for an estimated 4% of total US listening hours. As Pandora grows, it hopes to gain leverage on music labels and drive royalty costs down.[72]

Pandora CEO Tim Westergren has supported The Internet Radio Fairness Act or IRFA (H.R. 6480/S. 3609), which would reduce the company's royalty payments to the performers by 80 percent.[73]

On November 5, 2012, Pandora filed suit in federal district court against ASCAP over royalty fees.[74] In the suit, the company sought to advocate for lower licensing fees on all the songs represented by the ASCAP's 435,000 members.[75] On February 27, 2013, Pandora announced a 40-hour-per-month limit on free mobile listening. Pandora CEO Tim Westergren cited escalating royalty costs as the reason for the mobile cap.[76]

In a ruling made public in March 2014, US District Judge Denise Cote ruled that Pandora's rate paid to ASCAP should remain the same, 1.85%. She cited (p. 97) "troubling coordination" between two of the biggest publishing companies (Sony and UMPG) and ASCAP that alludes to core antitrust concern in the industry.[77]

After arguing that both ASCAP and BMI were showing bias towards international broadcasters who own terrestrial radio stations, Pandora announced on June 11, 2013, that it would attempt to acquire KXMZ, a radio station in Rapid City, South Dakota, under the presumption that doing so would allow it to access the same preferential licensing terms offered to services such as iHeartRadio (which is owned by iHeartMedia, Inc., itself America's largest radio broadcaster).[31][32] The move was criticized by David Israelite, CEO of the National Music Publishers Association, who declared that Pandora was now "at war with songwriters," and had lost its credibility because it was resorting to "lawsuits and gimmicks" to make its point. However, a member of Public Knowledge praised the move, by stating that it was "a perfect example of the twisted incentives and strange results we get from a music licensing system that is based on who wants a license instead of just what they want to do with the music they’re using."[78][79] ASCAP also objected to the deal, filing a petition to deny with the FCC. The organization argued that the acquisition was not in the public interest because of Pandora's intent to use it as a "bargaining chip" for royalty payments. ASCAP also alleged that Pandora did not provide enough information about its ownership structure, failing to prove that less than 25% of the company was owned by foreign interests. On January 14, 2014, the FCC denied the acquisition until Pandora "demonstrate[s] adequate support for its foreign ownership compliance certification."[80][81] The FCC relented in 2015 and allowed Pandora to acquire the station under the premise that whatever foreign ownership Pandora had was widely dispersed;[82] Two years later, Pandora would sell the station to Rapid City-based Haugo Broadcasting for $300,000.[83]

In July 2013, David Lowery, the frontman of the rock bands Cracker and Camper Van Beethoven, wrote an article criticizing Pandora's royalty rate for Cracker's song "Low", which was streamed over one million times. According to his BMI royalty statement, Lowery earned only $16.89 for his 40 percent stake in the song.[84]

On September 1, 2013, Pandora removed the 40-hour-per-month limit on free mobile listening (originally announced on February 27, 2013). Pandora stated that it was able to make this change "thanks to the rapid progress of its mobile advertising."[85]

In 2014, Pandora signed an agreement with some music copyright owners for lower royalties in exchange for more frequent streaming of songs. Though not illegal, this practice raised comparisons to payola, which is illegal payment for airplay on terrestrial radio.[86]

Reception edit

In 2013, Entertainment Weekly compared a number of music services and granted Pandora a "B−", writing, "Free streaming radio, $36 a year for ad-free. Launched in 2005, Pandora is available on just about every platform. There's no on-demand, though, and stations tend to draw from a relatively small pool of albums."[87] As of March 2014, the annual option was eliminated, and the $3.99 monthly plan was the only way to get Pandora One. The price rose to $4.99 a month in July 2014. The annual subscription was brought back and is now $54.89 a year.

Advertising edit

Pandora initially offered a subscription-only service without commercials. However, the idea of paying did not sit well with most U.S. consumers and the company had to consider alternative business models to offer a free service. Then, in December 2005 Pandora sold its first advertisement.[88]

In 2015, Pandora began playing more advertisements per hour in certain geographies and demographics. Pandora normally plays no more than six advertisements per hour for free users.[89]

Revenue edit

Pandora became fairly popular within just two years. Starting from 2010 to 2012 Pandora's registered users had increased from 45 million to 125 million. The company's revenue increased from $55 million to $274 million, in which a majority of it from advertising. In order to appeal to a large audience of consumers, Pandora offers ad-free access for $36 a year.[90] During its 2011 fiscal year, Pandora reported $138 million in revenue with a $1.8 million net loss, excluding the cost of a special dividend associated with the IPO.[91] Overall, Pandora has a 78% of Internet radio and a 9.3% share of the U.S. public radio. Finally, in 2013 industry-wide total radio ad revenue increased to $17.6 billion in the US.[92]

Pitch to advertisers edit

Pandora obtains its advertisers by explaining that the company reaches a narrower audience compared to terrestrial radio. "Pandora's pitch to advertisers is that its technology can cater to consumers with far greater precision than radio – it can pinpoint listeners by age and sex, ZIP code or even musical taste."[90]

Methods of advertising edit

There are a few different methods of advertising on Pandora. Audio advertising comes in spots of 15 to 30 seconds, and run once every 20 minutes. However, users only encounter ads if they are engaging with the site, like contributing a thumbs up or a thumbs down when changing a song or station.[93]

Next, there are banner ads which are featured on the wallpaper of the site. As noted by the New York Times, banner ads are on Pandora in order "to promote engagement, audio segments can be accompanied by clickable display ads offering coupons or product information.[93]

Advertising on Pandora works through a method of collecting data from users' online browsing activity. Once the data is collected, the company uses the data to show the user target ads. This process of advertising is also known as behavioral advertising. Pandora offers its users the option of submitting out of the targeted ads, by an opt-out configuration on its website. Opting-out will only prevent targeted ads, meaning users may continue to see generic (non-targeted ads) from these companies after they opt-out. Eventually, Pandora offers either targeted advertisements or generic advertisements for its non-subscribed users.[94] However, Pandora's advertising does not offer local content such as the local news, weather, traffic, and talk.[90]

Market segments edit

Pandora has created two market segments, one for Spanish listeners, and another for English listeners. By creating multiple market segments, Pandora's advertising is customized to its users' needs. In order to create the first two market segments, the company cross-referenced its registered user data with the U.S. census. Then, the cross reference allows the company to identify zip codes with high populations of Hispanic and Spanish-speaking people, and finally it ran tests overlaying the two data sets to infer which listeners fit into those buckets.[95]

See also edit

Footnotes edit

References edit

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  79. ^ Griffin, Jodie. . Public Knowledge. Archived from the original on June 15, 2013. Retrieved June 14, 2013.
  80. ^ "FCC Shelves Pandora's Bid For South Dakota Radio Station". Billboard.biz. January 15, 2014. Retrieved February 12, 2014.
  81. ^ "Music licensor seeks to block Pandora from running a radio station". The Register. Retrieved February 12, 2014.
  82. ^ Sisario, Ben (May 4, 2015). "F.C.C. Allows Pandora to Buy South Dakota Radio Station". The New York Times. Retrieved May 4, 2015.
  83. ^ "Pandora, Taking a Loss, Unloads Its Lone FM For $300K". Inside Radio. June 19, 2017. Retrieved July 17, 2020.
  84. ^ "My Song Got Played on Pandora 1 Million Times and All I Got Was $16.89, Less Than What I Make from a Single T-Shirt Sale!". June 24, 2013.
  85. ^ "Pandora Removes 40-Hour-Per-Month Limit On Free Mobile Listening", Pandora.com, August 22, 2013
  86. ^ "Pandora's New Deal: Different Pay, Different Play". NPR.org. November 26, 2014.
  87. ^ Anderson, Kyle (January 18, 2013). . Entertainment Weekly. New York. p. 14. Archived from the original on November 10, 2014. Retrieved February 18, 2020.
  88. ^ "Pandora Radio/Music Genome Project." Innovation Masters: History's Best Examples of Business Transformation. Ed. Miranda H. Ferrara and Michele P. LaMeau. Detroit: Gale, 2012. 267-270. Gale Virtual Reference Library. Web. June 10, 2014.
  89. ^ Wilking, Rick (July 24, 2015). "Yes, you're hearing more ads on Pandora these days". Quartz. Reuters. Retrieved July 25, 2015.
  90. ^ a b c Sisario, Ben; Vega, Tanzina (April 15, 2012). "Pandora Courts Local Advertisers by Reaching a Narrow Audience". The New York Times.
  91. ^ Pandora Media, Inc. "Prospectus, SEC Form S-1 March 8, 2012, at the Wayback Machine." June 14, 2011. Retrieved June 22, 2011.
  92. ^ Palazzo, Anthony (May 20, 2014). "Pandora Can Extend Lead in Online Music, CFO Herring Says". Bloomberg.
  93. ^ a b Sisario, Ben; Vega, Tanzina (April 15, 2012). "Pandora Courts Local Advertisers by Reaching a Narrow Audience". The New York Times.
  94. ^ "Your Advertising Choices".
  95. ^ Peterson, Tim (November 14, 2013). "Pandora Looks Past the Tracking Cookie By Mining User Data".

External links edit

  • Official website  
  • Pandora featured in Fast Company
  • Closing Pandora's Box: The End of Internet Radio?, May 3, 2007, interview with Tim Westergren
  • Pandora adds classical music October 1, 2013, at the Wayback Machine
  • Interview with Tim Westergren about the Music Genome Project and Pandora
  • Dave Dederer & nuTsie Challenge Pandora
  • Inc. Magazine profile of Tim Westergren
  • New York Times article on Tim Westergren and Pandora
  • Pink Floyd: Pandora's Internet radio royalty ripoff USA TODAY, 2013

pandora, service, this, article, about, automated, music, streaming, service, greek, myth, pandora, other, uses, pandora, disambiguation, pandora, subscription, based, music, streaming, service, owned, broadcasting, corporation, sirius, holdings, that, present. This article is about the automated music streaming service For the Greek myth see Pandora For other uses see Pandora disambiguation Pandora is a subscription based music streaming service owned by the broadcasting corporation Sirius XM Holdings that is presently based in Oakland California inside of the United States The service carries a focus on recommendations based on the Music Genome Project which is a means of classifying individual songs by musical traits such as genres and shared instrumentation The service originally launched in the consumer market as an internet radio service that would generate personalized channels based on these traits as well as specific tracks liked by the user this service is available in an advertising supported tier and additionally a subscription based version In 2017 the service launched Pandora Premium which is an on demand version of the service more in line with contemporary competitors PandoraType of businessSubsidiaryType of siteMusic streaming serviceAvailable inEnglishFoundedJanuary 2000 24 years ago 2000 01 as Savage Beast Technologies Oakland California U S HeadquartersOakland California U S No of locations7Area servedUnited StatesFounder s Will GlaserJon KraftTim WestergrenKey peopleRoger J Lynch CEO 1 Aimee Lapic CMO David Gerbitz COO Chris Phillips CPO ServicesInternet radioEmployees1 938 2019 2 ParentSirius XM 2019 present SubsidiariesRdio as of December 22 2015 Next Big SoundAdswizz as of May 29 2018 StitcherURLwww wbr pandora wbr comAdvertisingBanner ads video ads audio adsRegistrationOptional required to save stations Users55 9 million active 2021 3 6 4 million subscribers 2021 4 Current statusActiveNative client s onUniversal Windows App iOS AndroidWritten inJava 5 The company was founded in 2000 as Savage Beast Technologies and initially conceived as a business to business company licensing the Music Genome Project to retailers as a recommendation platform In 2005 the company shifted its focus to the consumer market by launching Pandora as an internet radio product Pandora is a freemium service basic features are free with advertisements or limitations while additional features such as improved streaming quality music downloads and offline channels are offered via paid subscriptions In February 2019 Sirius XM Holdings acquired Pandora for 3 5 billion in stock 6 7 In 2021 Pandora had about 55 9 million active monthly users and 6 4 million subscribers 8 As of 2022 update Pandora reportedly had fewer than 50 million active users 9 Contents 1 History 1 1 Early history 1 2 Growth 1 3 Acquisitions 2 Features 2 1 Streaming 2 2 Limitations 3 Device support 4 Business model 5 Royalties 6 Reception 7 Advertising 7 1 Revenue 7 2 Pitch to advertisers 7 3 Methods of advertising 7 4 Market segments 8 See also 9 Footnotes 10 References 11 External linksHistory editEarly history edit In 2000 Will Glaser Jon Kraft and Tim Westergren founded the company as Savage Beast Technologies 1 10 Will Glaser had conceptualized the concept of classifying music by various traits and attributes an effort that he would later name the Music Genome Project The company was originally pitched as an e commerce service that would use Glaser s associated algorithm as a recommendation engine but this idea was scrapped after the Dot com bubble hit its peak in March 2000 Afterwards the company pursued licensing the technology to other retailers such as AOL Music and Best Buy who used it for in store kiosks as a trial 11 The company faced increasing debt and ran through its initial 2 million in funding by 2001 Glaser Kraft and Westergren then convinced Savage Beast s 50 employees to work for two years without pay 12 prompting a lawsuit by former employees in 2003 due to deferred salaries being illegal under California law After settling the suit just a few employees were laid off In 2004 based on the success of the Best Buy pilot Walden Venture Capital led an 8 million round of funding and hired Joe Kennedy formerly of automaker Saturn 13 as its new CEO After agreements with Best Buy and Borders lapsed the company began to shift its attention to the consumer market resulting in the development of Pandora as an internet radio service using the Music Genome Project as a personalization system 11 After a beta period Pandora officially launched in September 2005 14 11 Upon its launch it was a subscription based service 11 but added a free ad supported version in November after Westergren realized users were abusing its 10 hour free trial by making new e mail addresses 11 Advertising could also be targeted based on the current song 11 Growth edit In 2011 Pandora went public via an initial public offering on the New York Stock Exchange 15 At the time Pandora had 800 000 tracks from 80 000 artists in its library and 80 million users 16 As of end of mid year 2018 Pandora had 71 4 million active users 17 On March 7 2013 Pandora chairman and chief executive officer Joseph J Kennedy announced that he would leave the company after nine years 18 In April 2013 Pandora announced that its radio streaming service had 200 million users including 70 million monthly active users 19 By December 2013 Pandora accounted for 70 of all internet radio listening in the United States 1 On September 1 2013 Pandora removed a 40 hour per month limitation for free mobile listening 20 As of October 2014 less than 5 percent of active listeners were paying subscribers 21 By November 2014 Pandora had approximately doubled its library size topping 1 5 million songs 22 On September 15 2016 Pandora launched Pandora Plus a new subscription service to compete with other streaming services the price was set at 4 99 and was available in later months 23 In early 2017 Pandora revealed that 56 million of its 81 million active users subscribe to the Today s Country station and that country music accounted for more than 1 7 billion listening hours on the platform in 2016 24 On July 31 2017 Pandora discontinued services in Australia and New Zealand citing a need to focus solely on the U S market 25 26 In September 2017 Roger Lynch became CEO and stated that he wanted to expand the service s focus on podcasts with similar discovery features to those for music as well as new monetization options 27 In January 2019 Lynch s departure was announced following the approval of Sirius XM s acquisition of Pandora Lynch will be replaced by Sirius XM CEO Jim Meyer 28 On February 26 2019 Pandora announced the launch of Pandora Stories a new marketing tool for artists The feature allows artists to build music playlists combined with voice tracks where they can add a narrative and deeper insights 29 In October 2019 Pandora s parent company Sirius XM signed a multiyear deal with Marvel to launch a series of superhero based podcasts in 2020 30 Acquisitions edit On June 11 2013 Pandora announced it would purchase FM radio station KXMZ in Rapid City South Dakota 31 32 On October 7 2015 Pandora announced it had acquired independent ticketing agency Ticketfly for 450 million 33 which it subsequently sold to Eventbrite for 200 million on June 9 2017 34 In November 2015 streaming music service Rdio founded by Skype co founders Janus Friis and Niklas Zennstrom declared bankruptcy and sold its assets to Pandora for 75 million 35 Pandora retained 100 Rdio employees including Iain Morris and Rich Masio who joined a growing licensing department in pursuit of direct licenses with labels and publishers 36 In March 2018 Pandora announced it would acquire digital audio ad technology firm AdsWizz for 145 million 37 In February 2019 Sirius XM Holdings acquired Pandora for 3 5 billion in stock 6 7 In July 2020 Sirius XM acquired the Stitcher company for 325 million 38 Following the acquisition Sirius XM integrated Stitcher s exclusive podcasts into its additional music and podcast listening service Pandora At the peak of its popularity Stitcher was reported to have nearly 14 5 million weekly users 39 40 Features editStreaming edit Listeners can tune into established genre stations other users stations or create their own stations based on their musical interests 41 The user can use thumbs up and thumbs down buttons to declare whether they like a track or not which determines whether similar songs should be played in the station 42 A second thumbs down to the same artist will ban that artist from the selected station 43 A thumbs down immediately skips a song but the number of times a user can skip tracks is limited unless they are using one of the paid subscription plans or opts to watch a video ad 44 45 More than 450 musical attributes are considered when selecting the next song 46 These 450 attributes are combined into larger groups called focus traits of which there are 2 000 47 Examples of these are rhythm syncopation key tonality and vocal harmonies 47 Pandora is available in a free advertising supported service and a subscription based tier known as Pandora Plus rebranded from Pandora One in September 2015 which also features offline playback support using a prediction mechanism and more skips and replays 44 In March 2017 a third tier known as Pandora Premium was launched which allows users to listen to and create playlists of individual songs on demand making it more in line with competing services such as Apple Music and Spotify The recommendation engine can also be used to generate playlists of similar songs Pandora also emphasized a use of machine learning and manual curation including filtering out low quality content such as knock off covers and karaoke tracks 48 In October 2019 Pandora added full song credits to their app displaying the data on who contributed to which song 49 Limitations edit Initially users with free accounts could listen to 40 hours of music a month and could pay 0 99 per month for unlimited streaming In September 2011 Pandora removed the 40 hour listening limit 50 This 40 hour limit on free listening was re introduced in March 2013 for mobile devices 51 However this limit was removed once more in September of the same year 20 In September 2016 a rewind function was introduced allowing users to replay a song The updated streaming service also allowed users to skip an unidentified number of additional songs per hour if they opted to watch an ad Previous to that users were only able to skip six songs in an hour 52 Device support editPandora apps are available for Android and iOS 53 Apps are also available for Apple Watch and Wear OS smartwatches 54 55 An app for the Pebble smartwatch platform was also available 56 before that platform was discontinued Integrations have also been offered with smart speakers 57 Support for voice control was added to the mobile apps in January 2019 53 Business model editIn the three months that ended October 31 2011 advertising comprised 88 of Pandora s total revenues 58 that was reported as 80 in December 2013 1 RPM revenue per thousands of hours is determined based on CPMs cost per thousand impressions CPMs are largely dependent upon network effects and thus increase as a website scales and adds users As such Pandora s strategy in order to allow for widespread distribution was to offer a service unbundled from devices and transport Pandora also works with system on chip manufacturers to embed its technologies on the chips they sell to consumer electronics manufacturers like Panasonic Samsung and Sony 59 Pandora s cost structure is highly variable with content acquisition costs representing roughly 50 of total costs 58 There are three main costs associated with content acquisition First SoundExchange collects content fees on behalf of labels or artists on the recording themselves These are by far the largest content acquisition costs citation needed Second Pandora pays licensing fees to agencies such as BMI ASCAP or SESAC in order to compensate composers songwriters and publishers Lastly Pandora also pays TiVo Corporation for song and artist information this has recently been structured as a flat monthly fee High variable costs mean that Pandora does not have significant operating leverage and in the next couple years clarification needed might actually have negative operating leverage due to an unfavorable shift in product mix towards mobile Pandora is currently estimated to monetize mobile hours at roughly one ninth the rate of desktop hours 60 Since Pandora pays the same licensing cost per hour irrespective of the user s platform the net contribution to earnings per mobile hour is even more skewed with respect to contribution to earnings from desktop hours Mobile revenues will improve over time as Pandora shifts from relying on third party ad networks to selling ad inventory internally at premium rates In January 2011 Pandora met with investment banks to consider a possible 100 million IPO 61 62 The company filed with the SEC for a 100mm IPO on February 11 2011 and officially began trading on the New York Stock Exchange with ticker symbol P on June 15 2011 at a price of 16 share This gave them a valuation of nearly 2 6 billion 63 Pandora announced 80 8 million in total revenue for their first quarter of fiscal 2012 which was up 58 over their previous year Q1 results Of the 80 8 million 70 6 million came from advertising while the other 10 2 million came from subscription In addition Pandora has seen a 62 advertising revenue increase and a 38 subscription revenue increase year over year 64 However the vast majority of Pandora s users remain on the free ad supported model Royalties editPandora s business model was threatened by changes to royalty structures affecting internet radio in the United States with the Copyright Royalty Board having ordered increases to per song performance royalties which are not paid by terrestrial radio in March 2007 11 65 66 Pandora was a member of an industry group SaveNetRadio which opposed the increases 11 In August 2008 Westergen told The Washington Post that they were approaching a pull the plug kind of decision arguing that the moment we think this problem in Washington is not going to get solved we have to pull the plug because all we re doing is wasting money 67 On July 7 2009 SoundExchange announced that agreements had been reached on royalty rates for internet radio with larger webcasters paying a minimum of 25 of total revenue or rates per song per listener whichever is higher Pandora described the new rates as being a middle ground that while perhaps not meeting all of our aspirations still represents a thoughtful and reasoned outcome under the circumstances Due to the new rates still being relatively high in comparison to terrestrial radio Pandora announced that ad supported service would be limited to 40 hours per month and that users would be required to pay a 0 99 fee separate from the Pandora One subscription which is ad free to receive unlimited listening for the remainder of the month 68 69 70 With an update to the Pandora player in September 2011 the 40 hour cap was extended to 320 hours 50 71 On November 22 2011 Pandora reported its Q3 earnings Royalty costs accounted for 50 of revenue slightly better than expected Its revenue most of it from advertising continued to rise at respectable rates Not only has Pandora attracted more users but the average number of hours per user have also increased Pandora now accounts for an estimated 4 of total US listening hours As Pandora grows it hopes to gain leverage on music labels and drive royalty costs down 72 Pandora CEO Tim Westergren has supported The Internet Radio Fairness Act or IRFA H R 6480 S 3609 which would reduce the company s royalty payments to the performers by 80 percent 73 On November 5 2012 Pandora filed suit in federal district court against ASCAP over royalty fees 74 In the suit the company sought to advocate for lower licensing fees on all the songs represented by the ASCAP s 435 000 members 75 On February 27 2013 Pandora announced a 40 hour per month limit on free mobile listening Pandora CEO Tim Westergren cited escalating royalty costs as the reason for the mobile cap 76 In a ruling made public in March 2014 US District Judge Denise Cote ruled that Pandora s rate paid to ASCAP should remain the same 1 85 She cited p 97 troubling coordination between two of the biggest publishing companies Sony and UMPG and ASCAP that alludes to core antitrust concern in the industry 77 After arguing that both ASCAP and BMI were showing bias towards international broadcasters who own terrestrial radio stations Pandora announced on June 11 2013 that it would attempt to acquire KXMZ a radio station in Rapid City South Dakota under the presumption that doing so would allow it to access the same preferential licensing terms offered to services such as iHeartRadio which is owned by iHeartMedia Inc itself America s largest radio broadcaster 31 32 The move was criticized by David Israelite CEO of the National Music Publishers Association who declared that Pandora was now at war with songwriters and had lost its credibility because it was resorting to lawsuits and gimmicks to make its point However a member of Public Knowledge praised the move by stating that it was a perfect example of the twisted incentives and strange results we get from a music licensing system that is based on who wants a license instead of just what they want to do with the music they re using 78 79 ASCAP also objected to the deal filing a petition to deny with the FCC The organization argued that the acquisition was not in the public interest because of Pandora s intent to use it as a bargaining chip for royalty payments ASCAP also alleged that Pandora did not provide enough information about its ownership structure failing to prove that less than 25 of the company was owned by foreign interests On January 14 2014 the FCC denied the acquisition until Pandora demonstrate s adequate support for its foreign ownership compliance certification 80 81 The FCC relented in 2015 and allowed Pandora to acquire the station under the premise that whatever foreign ownership Pandora had was widely dispersed 82 Two years later Pandora would sell the station to Rapid City based Haugo Broadcasting for 300 000 83 In July 2013 David Lowery the frontman of the rock bands Cracker and Camper Van Beethoven wrote an article criticizing Pandora s royalty rate for Cracker s song Low which was streamed over one million times According to his BMI royalty statement Lowery earned only 16 89 for his 40 percent stake in the song 84 On September 1 2013 Pandora removed the 40 hour per month limit on free mobile listening originally announced on February 27 2013 Pandora stated that it was able to make this change thanks to the rapid progress of its mobile advertising 85 In 2014 Pandora signed an agreement with some music copyright owners for lower royalties in exchange for more frequent streaming of songs Though not illegal this practice raised comparisons to payola which is illegal payment for airplay on terrestrial radio 86 Reception editIn 2013 Entertainment Weekly compared a number of music services and granted Pandora a B writing Free streaming radio 36 a year for ad free Launched in 2005 Pandora is available on just about every platform There s no on demand though and stations tend to draw from a relatively small pool of albums 87 As of March 2014 the annual option was eliminated and the 3 99 monthly plan was the only way to get Pandora One The price rose to 4 99 a month in July 2014 The annual subscription was brought back and is now 54 89 a year Advertising editPandora initially offered a subscription only service without commercials However the idea of paying did not sit well with most U S consumers and the company had to consider alternative business models to offer a free service Then in December 2005 Pandora sold its first advertisement 88 In 2015 Pandora began playing more advertisements per hour in certain geographies and demographics Pandora normally plays no more than six advertisements per hour for free users 89 Revenue edit Pandora became fairly popular within just two years Starting from 2010 to 2012 Pandora s registered users had increased from 45 million to 125 million The company s revenue increased from 55 million to 274 million in which a majority of it from advertising In order to appeal to a large audience of consumers Pandora offers ad free access for 36 a year 90 During its 2011 fiscal year Pandora reported 138 million in revenue with a 1 8 million net loss excluding the cost of a special dividend associated with the IPO 91 Overall Pandora has a 78 of Internet radio and a 9 3 share of the U S public radio Finally in 2013 industry wide total radio ad revenue increased to 17 6 billion in the US 92 Pitch to advertisers edit Pandora obtains its advertisers by explaining that the company reaches a narrower audience compared to terrestrial radio Pandora s pitch to advertisers is that its technology can cater to consumers with far greater precision than radio it can pinpoint listeners by age and sex ZIP code or even musical taste 90 Methods of advertising edit There are a few different methods of advertising on Pandora Audio advertising comes in spots of 15 to 30 seconds and run once every 20 minutes However users only encounter ads if they are engaging with the site like contributing a thumbs up or a thumbs down when changing a song or station 93 Next there are banner ads which are featured on the wallpaper of the site As noted by the New York Times banner ads are on Pandora in order to promote engagement audio segments can be accompanied by clickable display ads offering coupons or product information 93 Advertising on Pandora works through a method of collecting data from users online browsing activity Once the data is collected the company uses the data to show the user target ads This process of advertising is also known as behavioral advertising Pandora offers its users the option of submitting out of the targeted ads by an opt out configuration on its website Opting out will only prevent targeted ads meaning users may continue to see generic non targeted ads from these companies after they opt out Eventually Pandora offers either targeted advertisements or generic advertisements for its non subscribed users 94 However Pandora s advertising does not offer local content such as the local news weather traffic and talk 90 Market segments edit Pandora has created two market segments one for Spanish listeners and another for English listeners By creating multiple market segments Pandora s advertising is customized to its users needs In order to create the first two market segments the company cross referenced its registered user data with the U S census Then the cross reference allows the company to identify zip codes with high populations of Hispanic and Spanish speaking people and finally it ran tests overlaying the two data sets to infer which listeners fit into those buckets 95 See also editList of Internet radio stations List of online music databases List of streaming media systemsFootnotes editReferences edit a b c d Harrison J D February 6 2015 When we were small Pandora The Washington Post Pandora Media LLC Company Profile Bloomberg Markets Retrieved July 21 2020 Pandora ended Q1 2021 with 55 9m monthly active listeners Music Ally April 29 2021 Pandora ended Q1 2021 with 55 9m monthly active listeners Music Ally April 29 2021 2019 Form 10 K Annual Report PDF SiriusXM Holdings Retrieved July 21 2020 a b Aswad Jem February 1 2019 Sirius XM Completes Acquisition of Pandora Variety a b Noto Anthony February 1 2019 Sirius XM wraps up Pandora acquisition American City Business Journals Pandora ended Q1 2021 with 55 9m monthly active listeners Music Ally April 29 2021 Pandora now has fewer than 50m monthly active users Music Business Worldwide November 2 2022 Retrieved November 3 2022 Clifford Stephanie October 1 2007 Pandora s Long Strange Trip Inc a b c d e f g h Clifford Stephanie Pandora s Long Strange Trip Inc com Retrieved September 7 2020 Parr Sam May 27 2016 How Pandora s Founder Convinced 50 Early Employees to Work 2 Years Without Pay The Hustle Q amp A with Pandora CEO Joe Kennedy 81 Princeton Alumni Weekly March 6 2013 Retrieved September 7 2020 Pandora to launch next week TechCrunch August 26 2005 Retrieved September 7 2020 In The War Over Tech IPOs The New York Stock Exchange Is Drawing Some Blood June 24 2011 With 80 Million Users Pandora Files To Go Public TechCrunch February 11 2011 Pandora Reports Q2 2018 Financial Results Retrieved October 17 2018 Sisario Ben March 7 2013 Chief Executive at Pandora Media to Step Down The New York Times Wauters Robin April 9 2013 Pandora hits 200 million registered users in the US 1 5 billion monthly listener hours The Next Web a b Pandora will remove its 40 hour per month mobile listening cap on September 1st The Next Web August 22 2013 Pandora Media s P CEO Brian McAndrews on Q3 2014 Results Earnings Call Transcript Seeking Alpha October 24 2014 Sydell Laura November 26 2014 Pandora s New Deal Different Pay Different Play NPR Retrieved June 30 2015 Pandora launches Pandora Plus replacing Pandora One reuters com September 15 2016 Retrieved September 17 2016 Can country music save Pandora The Verge Retrieved March 15 2018 Pandora to leave Australia Here s what you need to know news com au July 29 2017 Schneider Marc June 27 2017 Pandora Is Winding Down Operations in Australia and New Zealand Billboard Roettgers Janko January 11 2018 Pandora CEO Roger Lynch Wants to Create the Podcast Genome Project Variety Wang Amy X January 30 2019 Pandora s CEO Roger Lynch Exits As SiriusXM Takes Over Rolling Stone Pandora Stories launches combining music and podcasting in a new format TechCrunch February 26 2019 Retrieved February 27 2019 Romo Vanessa October 22 2019 It s Superhero Time On Podcasts Star Lord And Black Widow To Step Up To The Mic NPR org Retrieved January 14 2020 a b Pandora buys FM radio station in a wily move to fight music labels The Verge June 11 2013 Retrieved June 13 2013 a b Harrison Christopher June 11 2013 Why Pandora bought an FM radio station Game changer Pandora confirms 450m acquisition of Ticketfly musicbusinessworldwide October 7 2015 Retrieved December 30 2015 Eventbrite Acquires Ticketfly from Pandora for 200 Million Billboard Retrieved June 9 2017 By James Risley GeekWire Rdio to shut down streaming music service sells assets to Pandora for 75M November 16 2015 November 17 2015 Can these former Rdio execs woo the music biz for Pandora Music Business Worldwide Music Business Worldwide January 25 2016 Retrieved November 27 2016 Perez Sarah March 31 2018 Pandora doubles down on ad tech with acquisition of AdsWizz for 145 million TechCrunch Carman Ashley July 13 2020 SiriusXM is buying Stitcher for 325 million The Verge Retrieved July 14 2020 Ivanova Irina June 27 2023 Stitcher parent shuts down podcasting app CBS News www cbsnews com Archived from the original on June 28 2023 Retrieved June 28 2023 Mendez Andrew August 24 2022 SiriusXM digs into subscription based podcast market TechCrunch Archived from the original on September 29 2022 Retrieved June 28 2023 Guide to Pandora Internet Music Streaming Lifewire Retrieved December 6 2017 Learn How Pandora Creates Stations and How You Can Customize Them Lifewire Retrieved December 3 2018 How to Ban an Artist From One of Your Stations on Pandora com Techwalla a b Singleton Micah September 15 2016 Pandora launches Pandora Plus an improved version of its 5 subscription service The Verge Retrieved September 7 2020 Pandora launches song replays more skips for all CNET Retrieved March 13 2017 Pandora launches automatically generated personalized playlists The Verge Retrieved November 27 2018 a b Miller Michael June 1 2015 Playing Music on Pandora retrieved December 3 2018 Pandora s on demand music service finally arrives TechCrunch AOL March 13 2017 Retrieved March 13 2017 Pandora Introduces Full Song Credits on the Web and Pandora s Desktop App Archived from the original on January 25 2022 Retrieved January 25 2022 a b New Pandora for All Archived September 23 2011 at the Wayback Machine Pandora Blog September 22 2011 Retrieved September 3 2011 Pandora caps monthly free tunes on mobiles to 40 hours Tech News and Analysis Archived March 2 2013 at the Wayback Machine Gigaom com February 28 2013 Retrieved January 17 2014 Solsman Joan E Pandora launches song replays more skips for all CNET Retrieved December 6 2018 a b Deahl Dani January 15 2019 You can now control Pandora with voice commands The Verge Retrieved September 7 2020 Welch Chris January 4 2019 Pandora beats Spotify to offline playback on the Apple Watch The Verge Retrieved September 7 2020 Pocket lint October 1 2019 Wear OS Your complete guide to Google s smartwatch OS Pocket lint Retrieved September 7 2020 Android Users Pandora is Now Available on Your Pebble Watch Archived from the original on January 23 2021 Retrieved December 14 2020 Singleton Micah November 19 2018 Pandora Premium is now available on Amazon Echo devices The Verge Retrieved September 7 2020 a b Pandora Media Inc 2011 3rd Quarter Report SEC Form 10 Q November 29 2011 Retrieved December 2 2011 An Update on Pandora in Your Living Room Archived from the original on November 28 2011 Retrieved December 2 2011 Fixmer Andy Levy Ari October 11 2011 Pandora Slow to Lure Mobile Ad Dollars Even as Users Flock Bloomberg Retrieved December 2 2011 Baldwin Clare January 13 2011 UPDATE 1 Groupon Pandora met this week with IPO bankers Reuters Yarow Jay March 8 2010 Pandora Was Saved By The iPhone Now It s Thinking IPO Business Insider Retrieved November 6 2012 Internet Radio Company Pandora Sets IPO Cabot Investing Advice June 15 2011 Archived from the original on July 31 2011 Retrieved November 6 2012 Pandora s Quarterly Results 80 8M In Revenue 52M Active Users amp 3 09B Listening Hours TechCrunch Retrieved October 17 2018 Buskirk Eliot Van August 18 2008 Pandora Could Be First Major Casualty of New Royalty Rates Wired ISSN 1059 1028 Retrieved September 7 2020 Internet radio to fight royalty ruling CNN Money Retrieved September 7 2020 Giant of Internet Radio Nears Its Last Stand Washington Post August 16 2008 Retrieved September 7 2020 Miller Claire Cain July 7 2009 Music Labels Reach Online Royalty Deal The New York Times ISSN 0362 4331 Retrieved September 7 2020 Internet radio sites reach royalty deal CNN Money July 7 2009 Retrieved September 7 2020 Pandora And Other Internet Radio Has Officially Been Saved TechCrunch July 7 2009 Retrieved September 7 2020 Pandora Unleashes Redesigned Music Player With No Listening Cap Mashable September 21 2011 Retrieved September 21 2011 Pascal Emmanuel Gobry and Henry Blodget Pandora Still Growing Like Gangbusters Now 4 Of Total US Radio Listening Archived January 21 2012 at the Wayback Machine Business Insider November 23 2011 Orlowski Andrew October 17 2012 Pandora boss urges 85 pay cut for musicians Theregister co uk Retrieved April 8 2014 Pandora sues ASCAP over songwriter fees asks court to establish reasonable licensing November 5 2012 Retrieved November 6 2012 Pandora sues ASCAP Seeking Lower Songwriter Fees Bloomberg November 5 2012 Retrieved December 5 2012 Tim Westergren A note to our listeners Archived March 28 2013 at the Wayback Machine Pandora com February 27 2013 United States v Am Soc y of Composers Authors amp Publishers In re Pandora Media Inc March 18 2014 Retrieved August 24 2020 CEO of top music publishers trade group says Pandora is at war with songwriters The Verge June 12 2013 Retrieved June 13 2013 Griffin Jodie Why Internet Radio Royalties Led Pandora to Buy an FM Radio Station Public Knowledge Archived from the original on June 15 2013 Retrieved June 14 2013 FCC Shelves Pandora s Bid For South Dakota Radio Station Billboard biz January 15 2014 Retrieved February 12 2014 Music licensor seeks to block Pandora from running a radio station The Register Retrieved February 12 2014 Sisario Ben May 4 2015 F C C Allows Pandora to Buy South Dakota Radio Station The New York Times Retrieved May 4 2015 Pandora Taking a Loss Unloads Its Lone FM For 300K Inside Radio June 19 2017 Retrieved July 17 2020 My Song Got Played on Pandora 1 Million Times and All I Got Was 16 89 Less Than What I Make from a Single T Shirt Sale June 24 2013 Pandora Removes 40 Hour Per Month Limit On Free Mobile Listening Pandora com August 22 2013 Pandora s New Deal Different Pay Different Play NPR org November 26 2014 Anderson Kyle January 18 2013 What s the Best Music Service Entertainment Weekly New York p 14 Archived from the original on November 10 2014 Retrieved February 18 2020 Pandora Radio Music Genome Project Innovation Masters History s Best Examples of Business Transformation Ed Miranda H Ferrara and Michele P LaMeau Detroit Gale 2012 267 270 Gale Virtual Reference Library Web June 10 2014 Wilking Rick July 24 2015 Yes you re hearing more ads on Pandora these days Quartz Reuters Retrieved July 25 2015 a b c Sisario Ben Vega Tanzina April 15 2012 Pandora Courts Local Advertisers by Reaching a Narrow Audience The New York Times Pandora Media Inc Prospectus SEC Form S 1 Archived March 8 2012 at the Wayback Machine June 14 2011 Retrieved June 22 2011 Palazzo Anthony May 20 2014 Pandora Can Extend Lead in Online Music CFO Herring Says Bloomberg a b Sisario Ben Vega Tanzina April 15 2012 Pandora Courts Local Advertisers by Reaching a Narrow Audience The New York Times Your Advertising Choices Peterson Tim November 14 2013 Pandora Looks Past the Tracking Cookie By Mining User Data External links editThis article s use of external links may not follow Wikipedia s policies or guidelines Please improve this article by removing excessive or inappropriate external links and converting useful links where appropriate into footnote references July 2023 Learn how and when to remove this template message nbsp Wikimedia Commons has media related to Pandora Radio Official website nbsp Pandora featured in Fast Company Closing Pandora s Box The End of Internet Radio May 3 2007 interview with Tim Westergren Pandora adds classical music Archived October 1 2013 at the Wayback Machine Interview with Tim Westergren about the Music Genome Project and Pandora Dave Dederer amp nuTsie Challenge Pandora Inc Magazine profile of Tim Westergren New York Times article on Tim Westergren and Pandora Pink Floyd Pandora s Internet radio royalty ripoff USA TODAY 2013 Retrieved from https en wikipedia org w index php title Pandora service amp oldid 1220672227, wikipedia, wiki, book, books, library,

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