Interesting, but when I want to listen to music, I don’t listen to an audio book or watch a movie. And when I want to just push a couple of buttons and to listen to one of one many stations I have created and tailored to my taste, I use Pandora.
And I and 77+ million Active Listeners might disagree with your “unbiased” trial listening experience.
Sentiment: Strong Buy
I do agree with you that the vast majority of these articles are absolute trash, but this one did explain Pandora’s competition accurately. Pandora is focused on the 15 Billion Dollar radio ad market not on subscriptions and they want to be “radio” not an on demand delivery service. They have had stiff competition from all angles for about 14 years, but there is a reason Pandora currently commands about 78% of the IR market.
Sentiment: Strong Buy
It was completely oversold today. This stock is about 7% off the high it made just last week on no news, other than a few BS articles.
1) Any service whether audio, video, gaming, books on tapes, etc. is a competitor to P if it takes time away from people listening to P. You can get cute with nuances about direct versus indirect competition but its all about share of time. Revenue follows media consumption time and it doesn't matter what type of sell side/IR #$%$ you are regurgitating about them only competing with terrestrial radio as its incorrect and missing the point.
2) Big data? That's the misunderstood buzz word of the day (along with competitive moat) that you are going to use? And let me get this right......Amazon and Google don't know anything about big data and wont be able to compete with monster technology company P? Amazon OWNS big data in every way possible not to mention AWS.
3) Industry leading algorithms? I normally dont make investment decisions premised too much on my own tastes, etc. as they can differ from others and I am aware of that. But let me share a little story. I decided to spend some time listing to P this weekend on my new Vizio 60" TV since it was one of the included apps. I logged in and went to my Nickelback radio station. I would get 1 Nickelback type song always followed by a rap/hip hop title. I kept disliking (thumbs down) the latter as I always do but they kept coming. Finally I got to the "you can't skip any more songs" message due to our musical licensing contracts. So I decided to hang in there. Next song? Kid you not....one of the main songs from Mary Poppins. Walt Disney circa 1964. Yes-the great industry leading P algorithms served me up a Mary Poppins song on Nickelback radio. I hit exit Pandora and hooked up my iPod to the TV and turned on Spotify for a very enjoyable music experience. Then listened to some Apple radio. Also great. The listened to some terrestrial stations that stream on iHeart radio. Then streamed some XM/Sirius. Never turned P back on and probably wont for a long time. But I did smile when I thought of all the shorts.
Sentiment: Strong Sell
WARNING: Once the specialists and market makers complete their ongoing hoodwink of the retail baggies, to SUCKER even more purchases of Pandora, Dow, and Nasdaq PUTS, then they will re-launch the Pandora, Dow, and Nasdaq SUPER BULL through the roof!!!!