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More Money, More Streams: Netflix, Disney+, AppleTV+ And Hulu See Higher Usage Among Wealthier Americans
Thursday, May 9, 2024 - 3:51pm | 819Despite feeling overwhelmed by the growing number of streaming platforms, Americans continue to subscribe, and a new survey reveals the most popular choices among middle-income levels compared to others. What Happened: Even as consumer face financial pressure to reduce spending on streaming...
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Mark Zuckerberg Created A Messaging System For Dad's Dental Office And 4 Other Fun Facts About Facebook Co-Founder
Wednesday, April 12, 2023 - 5:01pm | 888The founder of one of the most popular companies of the past 50 years was fascinated with computers and inventing programs at an early age. This helped make him one of the most well-known people in the world. Here is a look at five things you might not know about Facebook - now Meta...
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This Day In Market History: Pandora Goes Public
Wednesday, June 15, 2022 - 10:24am | 286Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On this day in 2011, Pandora (OTC: PANDY) went public. Where The Market Was: The Dow closed at 11,897.27. The S&P 500 traded at around 1,265.42. What Else Was Going On In...
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Could A TikTok Partnership Help Boost SiriusXM Stock?
Monday, August 23, 2021 - 10:25am | 636A partnership announced between a top social media app and audio entertainment company could help boost the audience size and increase paid subscribers. What Happened: A new channel was launched on Friday called TikTok Radio, as a collaboration between TikTok and SiriusXM Holdings (NASDAQ: SIRI)....
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Sirius XM Invests $75M In SoundCloud
Tuesday, February 11, 2020 - 9:20am | 250SiriusXM Holdings Inc. (NASDAQ: SIRI) announced on Tuesday it has invested $75 million in SoundCloud. SoundCloud already has a relationship with Pandora, which SiriusXM bought in 2019. This latest agreement will enable advertisers and brands to purchase SoundCloud's U.S. ad inventory directly...
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Infographic: 10 Years Of Spotify
Saturday, October 13, 2018 - 12:10pm | 459Music streaming platform Spotify Technology (NYSE: SPOT) reports having 180 million monthly active users and 83 million paid subscribers. The service continues to gain momentum against its top rival, Apple, Inc. (NYSE: AAPL) Music. Data from Statista.com shows Spotify has experienced...
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Could SiriusXM Still Buy Pandora?
Thursday, November 16, 2017 - 1:07pm | 498Merger chatter around Sirius XM Holdings Inc. (NASDAQ: SIRI) and Pandora Media Inc (NYSE: P) largely fizzled with the latter’s strategic investment. But some on the Street still see the potential for a buyout. The Rating BMO Capital analyst Daniel Salmon upgraded Pandora to Outperform and...
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Wall Street Is Pulling Back, But This Analyst Believes In Pandora's Story
Friday, November 3, 2017 - 12:22pm | 349Shares of Pandora Media Inc (NYSE: P) lost around one-quarter of their value Friday in reaction after the streaming service reported third-quarter EPS and sales misses. Not all of Wall Street wants to change the station. Count Canaccord Genuity's Michael Graham among them: He maintained a Buy...
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Can Pandora's New Management Team Change Analysts' Tune?
Friday, November 3, 2017 - 9:15am | 439Shares of Pandora Media Inc (NYSE: P) collapsed nearly 20 percent and traded notably below its 52-week low of $6.76 early Friday after the company reported third-quarter results. But not all of Wall Street is ready to throw in the towel, including Morgan Stanley's Benjamin Swinburne, who...
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What Was Bullish Vs. Bearish In Pandora's Q2 Beat
Tuesday, August 1, 2017 - 11:25am | 519Pandora Media Inc (NYSE: P)'s earnings report Monday contained a mix of good and bad that will likely leave investors debating the company's outlook. The Bullish Take The streaming music company showed a notable improvement during the quarter in its advertising business as Ad RPMs...
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Struggling Pandora Shares Rise After Q2 Earnings Beat
Monday, July 31, 2017 - 4:26pm | 200Pandora Media Inc (NYSE: P) received a boost following a second-quarter earnings beat. The struggling Internet radio pioneer delivered Q2 adjusted loss of 21 cents per share, beating estimates by 3 cents. Sales came in at $376.834 million, ahead of estimates by $7.564 million. Pandora subscriptions...
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Earth To Elon: Musk Wants To Conquer Music And The Ways It's Delivered
Friday, June 23, 2017 - 1:47pm | 787People, particularly American people, spend plenty of time in cars. And whether you listen to an iTunes version of a mix tape or a satellite station beamed down with your taste in hip-hop or garage rock, that time is Sirius money. Tesla Inc (NASDAQ: TSLA) wants to own a piece of your heart in drive...
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Pandora Investors: This Isn't The Deal You Were Waiting For
Monday, June 12, 2017 - 11:13am | 411Pandora Media Inc (NYSE: P) announced in early May that management is exploring strategic alternatives, including a sale of itself. The company followed through on its pledge but take action and improve its business — although the outcome wasn't as many had hoped for. Pandora's announcement...
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Keith Meister's Bullish Stance On Pandora 2.0
Friday, June 9, 2017 - 3:04pm | 345Activist investor Corvex Management has been heavily involved in Pandora Media Inc (NYSE: P) stock since last year and was likely disappointing with the stock's performance and the company's direction — until Friday. Pandora's stock hit a new multi-year low of $8.14 on Wednesday but the...
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Pandora Sells Ticketfly For A $250 Million Loss But Shares Still Gain 5%
Friday, June 9, 2017 - 10:48am | 545Shares of Pandora Media Inc (NYSE: P) gained more than 5 percent Friday morning after the company announced two new transactions as part of an ongoing strategic review. Strategic Investment Pandora secured an agreement with Sirius XM Holdings Inc. (NASDAQ: SIRI) in which the satellite radio...