|Bid||8.71 x 4000|
|Ask||8.71 x 1100|
|Day's Range||8.69 - 8.90|
|52 Week Range||4.09 - 10.07|
|Beta (3Y Monthly)||0.86|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 5, 2018 - Nov 9, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||9.41|
SiriusXM CEO James E. Meyer speaks with CNBC’s David Faber about the company’s decision to acquire Pandora for $3.5 billion in September 2018.
Amazon Alexa's repertoire of on-demand music services appears to be growing by the day. Hot on the heels of Tidal's support, Pandora has enabled Premium streaming on Alexa-equipped devices like Amazon's Echo speakers. You can set the service as your default music option as well.
Pandora Premium is finally available on Echo devices. The streaming music company this morning announced its top-level paid subscription tier will launch across Alexa-powered devices, including the Amazon Echo, Echo Dot and Echo Show, as well as on all third-party Alexa devices that support Pandora. The company's free, ad-supported music service has been available on Echo devices for some time, while its Premium tier recently made its way over to Google Assistant-powered devices, like the Google Home.
On December 6, Pandora (NYSE:P), the largest streaming music provider in the U.S., will host El Pulso, a free concert at the Academy in Los Angeles, featuring Becky G and Farina. El Pulso celebrates Pandora’s love for Latin music, featuring the most exciting and impactful contemporary artists who are breaking through genre barriers.
Spotify and Pandora are looking to expand beyond music streaming and into the world of podcasting, as they aim to capture more of consumers’ listening time and, eventually, boost their profit margins. Podcasting is a small but growing medium that attracts young, engaged listeners. Spotify and Pandora say they are well-positioned to do so, in part by tackling one of the medium’s biggest challenges: It remains tricky for listeners to discover new podcasts.
Can Apple Survive Its Stagnating iPhone Unit Sales? Apple (AAPL) is working toward its goal of doubling its 2016 Services revenue by 2020. In its fiscal 2018, which ended in September, Apple generated $37.2 billion worth of Services revenue, bringing it closer to its revenue target.
What may have looked like a guaranteed 130% jump at first has become a smaller gain over time, because the music service is being bought with stock instead of cash.
unleashed a day of turmoil for Theresa May when he resigned as Brexit secretary in protest at a withdrawal treaty he said presented a “very real threat” to the integrity of the UK. Mr Raab told the prime minister that he could not support the deal because it broke Tory manifesto promises and represented “a matter of public trust”. Ms McVey said the agreement did not “honour the result of the referendum, indeed it does not meet the tests you set from the outset of your premiership.
Pandora Media Inc. on Tuesday announced that it was expanding its podcast inventory and creating a new recommendation tool that will allow users of the music streaming service to better locate podcasts that could be of interest to them. The company created the Podcast Genome Project, a play on its Music Genome Project recommendation algorithm for songs, that will enable podcast discovery through Pandora. "We think podcasts represent a fast growing market in terms of listeners but it suffers from a couple of problems, including that discovery is very rudimentary and there is nothing personalized about it," Pandora Chief Executive Roger Lynch told MarketWatch. He said that the company will categorize podcasts through a number of segments, which will also help it sell the genre to advertisers. Sirius XM Holdings Inc. is planning to acquire Pandora, and Lynch said that "spoken-word content" is a "natural area of cooperation" for the two companies. Pandora shares are up 2% in midday trading Tuesday, while the S&P 500 is up 0.4%.
Earlier this year, Pandora challenged Spotify's personalization capabilities by using its Music Genome technology to create dozens of customized playlists for its users. Today, it will begin leveraging similar technology to do the same for podcasts. The Podcast Genome Project, as it's called, is now powering a new recommendation system that will be combined with human editorial oversight to offer content suggestions for Pandora users.