June 3, 2013 |
Shares of Pandora Media Inc. tumbled Monday after reports surfaced that Apple Inc. had taken a key step toward launching its own music streaming service. Warner Music Group has signed a publishing and recorded music licensing deal with Apple for its long-rumored Pandora rival, widely referred to as iRadio , according to multiple reports. About halfway through Monday's stock-market session, Pandora shares were trading at $15.06, down $1.96, or 12%, from Friday's closing price.
May 31, 2013 |
Want to hear an Antarctica-based folk music station in your car? How about a radio broadcaster that plays only Grateful Dead covers? TuneIn is trying to make that a possibility for more people. The Palo Alto company, founded in 2002, is taking on competitors such as Pandora Media Inc. and Sirius XM Radio Inc. in the automotive market by offering products that stream music, news, sports and talk radio stations in vehicles. The company's website and mobile apps aggregate and stream content from stations around the world and generate revenue from digital display ads and commercials that play before the stream begins.
May 30, 2013 |
It appears caps on free radio streams have not stopped Pandora's growth in mobile. The music streaming company is now the top-grossing publisher in Apple's iOS App Store, based on monthly revenue, according to app analytics firm App Annie . Pandora -- which makes its money from premium subscribers and advertising revenue -- topped the list for the first time, App Annie said in its April index posted Thursday. It ranked fourth in the Google Play store, behind the Japanese social networking sites LINE and GREE, and the South Korean messaging service Kakao.
May 15, 2013 |
Google took its first step into the music subscription service market Wednesday, announcing All Access -- a Spotify and Pandora competitor. The Silicon Valley giant said All Access, a part of its Google Music service, will allow users to combine their music libraries with the millions of songs that Google has obtained rights to. All Access can be used to listen to any of the songs in Google's catalog in a way similar to how consumers use Spotify....
April 30, 2013 |
CNN Films is stepping up its acquisition efforts. One week after landing the television rights to the Penny Lane documentary “Our Nixon,” the network has acquired domestic television broadcast rights to the Sundance film selection “Pandora's Promise.” Directed by "Radio Bikini" Academy Award nominee Robert Stone, the film tells the story of several prominent environmentalists who have put their careers in jeopardy to tout the societal benefits...
CALIFORNIA | LOCAL
April 12, 2013 |
Federal prosecutors examining jail abuse and other problems in the Los Angeles County Sheriff's Department are expected to interview Sheriff Lee Baca on Friday. Part of the inquiry centers on whether Sheriff's Department officials obstructed an FBI investigation by holding inmate Anthony Brown under aliases and moving him. In an interview this week with The Times' editorial board, Baca said he's been assured that he's not a target of the investigation. Federal officials have declined to discuss details of the case.
March 21, 2013 |
Pandora, one of the most notable apps that was missing from Windows Phone devices, is now downloadable for smartphones running the latest version of Microsoft's mobile operating system. The Internet radio company released the Pandora Windows Phone 8 app Thursday, and as a bonus, Pandora also said the service will remain ad-free on Windows Phone 8 for the rest of the year. The app functions the same as it does on other devices, but Pandora for Windows Phone 8 is visually very different from the iOS and Android versions of the service.
March 12, 2013 |
AUSTIN, Texas -- The most serious of fans can spend upward of $422 per year on music in the U.S., according to the results of a new report from Nielsen Entertainment released today at South by Southwest. Those who can be classified as music fans, Nielsen proclaimed, account for nearly 75% of all music spending in the U.S. There is a catch: The most avid of fans in Nielsen's sampling of 4,000 consumers downloaded the most tracks for free, approximately 30 in a year. What's more, those classified as "music fans" account for just 40% of the music-buying public in America.
February 28, 2013 |
Trying to cut its burgeoning royalty costs, Pandora announced this week that it would limit customers to 40 hours of free streaming music per month. If that sounds familiar, the popular online radio site imposed a 40-hour cap in July 2009 for the very same reason, only to lift it a little more than two years later. The initial cap applied to all listeners; now it applies only to those tuning in on a smartphone, tablet computer or other mobile device. But mobile is hardly a sidelight for Pandora; according to the company, more than 75% of Pandora's streams go to "mobile and other non-traditional devices.
January 11, 2013 |
Is Pandora co-founder Tim Westergren a band's biggest enemy or best ally? Last year, he began lobbying Congress to lower digital music royalties, a move that made him appear a soulless businessman all too eager to bite the hand that feeds him. (After all, Pandora is nothing without its music.) But at this week's Consumer Electronics Show in Las Vegas, Westergren cast Pandora in a different light. “Speaking to a room full of technology executives and policymakers, [Westergren]