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said in February that it would cap free music for nonsubscribers to 40 hours per month and charge a 99-cent fee for additional time. The company made the announcement Thursday as it reported quarterly earnings, with record revenue up 58 percent from
During a conference call with analysts on quarterly earnings -- it posted a $7.8 million loss, but revenue rose 55 percent year over year to $157.4 million -- Oakland-based Pandora said it would on Sept. 1 drop the 40-hour monthly limit for free
EDT pointed to a 14-point dip at the opening bell, after the blue chip index logged its first gain in seven sessions yesterday. Markets in Europe and Asia were mixed, as Japan's Nikkei rose 2.2% and European stocks were little changed. Through all of
Cracker's song "Low," he revealed, had been played 1,159,000 times on Pandora in three months; Lowery, in his capacity as the song's co-composer, was paid $16.89...Meanwhile, "Low" racked up only 18,797 plays on AM and FM radio stations during the
August 19th 25th We are pleased to announce that we've teamed up with one of our favorite astrologists (and talented yoga pro), Chani Nicholas , to bring you weekly horoscope readings. Check back each Monday to see what's in the stars for your week!
Pandora shares are up 6.5% today to $21.15 after a team led by Goldman Sachs' Heath Terry upgraded the online radio service to "buy" with a $27 price target. It's an interesting development given the results of our (admittedly small sample size)
Earlier this week, New Yorker music critic Sasha Frere-Jones organized a discussion between three of modern music's most respected and thoughtful players to discuss the state of their industry, and how or if anyone can still make money off of music
An American R&B star is cutting an album that may be released only in Japan. Eric Benet, who sings tonight at Boulder Station, was asked by Warner Music Japan to make an album of cover songs. So Benet is recording such classics as the Doobie Brothers'
America's #1 sound bar company 5, announced today three new additions to its portfolio of home audio solutions with the 29'' and two 38'' sound bars in various home theater configurations...Home Theater Sound Bar (S2920w), 38'' 2.0 Home Theater Sound
Pandora says more people are listening, and for longer Pandora Media Inc. said more people listened to its music in July, and for longer, than a year earlier. P) did not say whether those numbers would translate directly into more revenue or a better