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Pandora CEO To Step Down
Tuesday, June 27, 2017 - 9:32am | 346Pandora Media Inc (NYSE: P) stock popped briefly following a Tuesday morning halt after the company announced the departure of CEO Tim Westergren. Westergren will also step down from the board of directors, and CFO Naveen Chopra will serve as interim CEO, according to a press release. “Tim...
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Pandora Could Be The Key To Unlocking Liberty's Goal Of Combining Sirius XM And Live Nation
Thursday, June 23, 2016 - 9:12am | 894BTIG said Pandora Media Inc (NYSE: P) could play a key role to the goal of Liberty Media Group (NASDAQ: LMCA) combining Sirius XM Holdings Inc. (NASDAQ: SIRI) and Live Nation Entertainment, Inc. (NYSE: LYV). Internet radio Pandora has 80 million MAUs and 45 minutes of streaming per user daily, but...
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Pandora Founder Tim Westergren Is Now An 'Underestimated' CEO, Albert Fried Says
Wednesday, April 27, 2016 - 6:29pm | 227Over the last few weeks, Pandora Media Inc (NYSE: P) shares have rallied about 11 percent from a recent low around $8.15 as of April 11 to close at $9.45 Wednesday. Traders have been anticipating the company's first-quarter results, expected out Thursday afternoon. The sell-side estimate...
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Pandora's CEO Says Its Milestone Royalty Payment Is 'Very Promising News' For The Industry
Monday, April 18, 2016 - 2:45pm | 287Pandora Media Inc (NYSE: P) announced on Monday it has generated more than $2 billion in all-time royalties for the artists and songwriters featured in its streaming music platform. Pandora noted it reached the milestone just nine months after hitting the $1.5 billion royalty mark. "The rapid...
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Does Pandora's CEO Swap Matter?
Monday, March 28, 2016 - 5:57pm | 355Shares of Pandora Media Inc (NYSE: P) fell more than 12 percent, a sign that investors don't seem to be delighted on the return of founder Tim Westergren as CEO in place of Brian McAndrews, who is leaving the company. "We see the founder's return as a tacit admission that Pandora...
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Pandora Names New Slew Of Executives
Monday, March 28, 2016 - 10:40am | 189Shares of Pandora Media Inc (NYSE: P) plunged more than 9 percent Monday after the company announced a new lineup of senior executives. Pandora Media's Board of Directors appointed Tim Westergren as its new Chief Executive Officer. Westergren is the founder of Pandora and credited with...
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Pandora Launches Free Analytical Tool For Artists And Managers
Wednesday, October 22, 2014 - 9:27am | 224Pandora Media Inc (NYSE: P) announced on Wednesday it launched Pandora AMP, a free online service that offers artists and managers a detailed overview of their audience. According to a company press release, the analytic tool digs through tens of billions of hours of personalized listening and...
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Streaming Music And Royalties: Who Pays The Most?
Thursday, August 7, 2014 - 10:33am | 1113How much can labels really make from streaming music? Pandora: Up To $0.00137 Per Play In June 2013, Cracker vocalist David Lowery claimed that he was paid $16.89 for a song that was played more than 1.15 million times on Pandora (NYSE: P). Pandora co-founder Tim Westergren responded to...
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3 Business Tips From Pandora Founder Tim Westergren
Wednesday, July 23, 2014 - 9:21am | 420Being the founder of an Internet music-streaming service behemoth can definitely be stressful, so it's important for people like Pandora (NYSE: P) founder Tim Westergren to find time to relax. Westergren told Benzinga that he likes to chill out with a book; he enjoys fiction, historical...