8.24 +0.04 (0.49%)
After hours: 5:37PM EDT
|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||8.17 - 8.39|
|52-week range||4.09 - 9.98|
|PE ratio (TTM)||N/A|
|Earnings date||31 Jul 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||7.67|
Roger Lynch, Pandora Media Inc. chief executive officer, talks about the company's plans to regain its footing in the music-streaming business. He speaks exclusively to Emily Chang on "Bloomberg Technology." ...
Pandora Media Inc., which is working to regain its footing in the music-streaming business, is looking to get an edge in another audio category: podcasts. The company will expand its non-music content over the next year, Chief Executive Officer Roger Lynch said in an interview Wednesday with Bloomberg Television’s Emily Chang. “Think about what Pandora did for music discovery,” he said.
Pandora A/S just had its best day on the stock market in a year. The move reflects skepticism toward speculation that Pandora might be forced to cut its full-year guidance, according to Per Hansen, an investment economist at Nordnet. “There’s a growing belief that there will be no profit warning after all,” he said in an email.
It should be a good time to invest in streaming music—and Spotify Technology (SPOT) is in the best position to benefit, according to MKM Partners. In a Monday note, the analysts at MKM—who have a “buy” rating and a $200 price target, 14% above current levels and ahead of FactSet’s consensus target, on the shares—examined Spotify’s major competitors in streaming music, suggesting a range of possible outcomes: • Apple (AAPL): “We think Apple will be a large player for subscription services, but that its base will be confined to a portion of those consumers still wedded to iTunes,” the analysts wrote.
While Spotify (SPOT) is quietly cutting direct song licensing deals with independent musicians to grow and diversify its music library, Pandora (P) is busy cutting deals with distributors. Pandora is banking on distribution partnerships and advertising to drive growth. AT&T’s (T) recent move to launch new unlimited wireless plans has brought an opportunity for Pandora to grow its customer base and sales.
Shares of Spotify (SPOT) have climbed roughly 16% since the streaming music powerhouse went public in early April. But the industry Spotify helped popularize is more crowded these days. So let's evaluate Spotify as it tries to push further into video after it announced a splashy new hire on Tuesday.
Investors with a long-term horizong may find it valuable to assess Pandora Media Inc’s (NYSE:P) earnings trend over time and against its industry benchmark as opposed to simply looking atRead More...
Tuesday is an important day for streaming music service Pandora Media (P): It’s the first day its Premium service is available to customers of AT&T’s (T) ”Unlimited & More” wireless plan. The plan offers ...
Pandora announces a new arrangement with AT&TBloomberg NewsThe Pandora Media application is seen in the App Store on an Apple iPhone. Pandora Media Inc. is one of the best performers in tech this year, with shares up nearly 75%. On the heels of a new partnership arrangement with AT&T Inc. (XNYS:T) Pandora’s (XNYS:P) Chief Financial Officer Naveen Chopra spoke with MarketWatch about how relationships with other tech companies can help the streaming-music pioneer drive more listeners to its products.
Snapchat parent Snap (SNAP) and Pandora (P) have partnered in what seems to be a move to benefit from the other’s strength to tackle their respective competition and grow their businesses. Pandora is bringing its music service to Snapchat, allowing Pandora subscribers to send their favorite songs to friends and family across Snapchat. The partnership with Snapchat gives Pandora an opportunity to reach a larger audience, which could, in turn, expand its revenue opportunities.
Shares of Pandora Media Inc. are up 2.1% in Thursday morning trading after the company said it has a new partnership with Snapchat parent Snap Inc. . "Soon, Pandora listeners will be able to send their favorite songs to friends and family through unique song cards that celebrate album art on top of an animated background, and receivers will be able to swipe up to listen directly on Pandora," the music-streaming company said in a release. "This integration will expand Pandora's social sharing capabilities by reaching Snapchat's massive audience while enhancing music discovery across both platforms." The feature will soon be available to U.S. users and is part of Snap's new Snap Kit developer platform.
NEW YORK, June 12, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Southern ...
Music streaming company Pandora (P) has launched a family version of its premium service for $14.99 per month. An annual subscription of the family version is also available at an annual $164.98 fee, which would save users a month’s subscription fee annually. Pandora is far behind Spotify (SPOT) and Apple (AAPL) Music in terms of paid subscribers, as the graph below shows. Pandora’s new family plan could help it compete with Apple Music and Spotify, which already offer family deals at an identical price.
Pandora (P) launched Family Plan for Pandora Premium to withstand growing competition from players like Apple Music, Spotify, Google and Amazon.
The company announced the extension of some convertible notes on Thursday night, and concerns about dilution likely contributed to the shares’ slide. On Thursday at a B. Riley conference, CFO Naveen Chopra responded to a question about recent statements by Liberty Media (FWONA) CEO Greg Maffei in which he alluded to “synergies” between Pandora Media and bankrupt radio company iHeartMedia, in which Liberty may be interested, as well as other assets—perhaps including Sirius XM (SIRI), which Liberty owns most of and also owns some of Pandora. Maffei, it should be noted, is Pandora’s (P) chairman, and Liberty is a part owner of Pandora.
Pandora has a total of 72.3 million users and hopes a higher percentage of those will use its premium service. Pandora stock has risen 33.2% since the company announced better-than-expected first-quarter results.
Pandora (P) is betting on programmatic advertising to turn around its dwindling fortunes in the advertising market. Its advertising revenue fell 3.9% YoY (year-over-year) to $214.6 million in the first quarter. Programmatic advertising is the automated buying and selling of online ad inventory, a model that has taken root in companies such as Facebook (FB) and Google (GOOGL).