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Pandora Media, Inc. Message Board

  • wall_st_knight_mare wall_st_knight_mare Aug 29, 2012 10:07 PM Flag

    important: despite the fact that Pandora is a huge beneficiary of mobile advertising money

    , it isn't helping the company meet its margins.

    We've consistently noted that Pandora's business model makes profits extremely unlikely any time before 2015, at which time the company hopes to strike a more favorable royalty payment agreement with record companies.

    Business Insider

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