Seven years after launching its IPO, Pandora’s cash burn reaches $407 million. Bloomberg examined 150 technology companies in the US to discover their burn rate and found Pandora Media has “burned cash for years.” The company has had “cumulative annua…
Category archives: Pandora
Pandora Plus subscriptions now given away with T-Mobile tariffs in the US
T-Mobile also inks deal with Live Nation for discounted tickets and other perks
The post Pandora Plus subscriptions now given away with T-Mobile tariffs in the US appeared first on Music Business Worldwide.
Spotify On Course To Pass Pandora In U.S.
An eMarketer analysis predicts that Pandora will continue to see its U.S. user base decline slowly over the next few years, while Spotify will have double digit growth. Pandora currently has 75.9 million total paid and free users in the U.S. vs. 58.4 million for Spotify, according to eMarketer. But…
Latest Industry: Bob Dylan, Pink, Pandora, Fourth XXXTentacion Murder Arrest, Patreon, Ingrooves, More…
Bob Dylan announces US tour dates. The American leg of Bob Dylan’s Neverending Tour will kick off in Midland, Texas on October 9th. The 25-stop US tour will wrap up in Richmond, Kentucky on November 11th. Pink postpones yet another performance in Aust…
The Music Industry Generated $43 Billion in Sales Last Year. Artists Only Received 12%.
Major labels and tech companies now earn billions from artists’ work. Well, here’s a small consolation – at least they get to keep the breadcrumbs. Earlier today, for the period ended June 30th, 2018, Warner Music Group (WMG) CEO Steve Cooper re…
What Streaming Music Services Really Pay — According to David Crosby
Again — as real artists have shown — don’t expect to make much on streaming music services. Least of all on YouTube. Here at Digital Music News, we’ve covered real artist payouts from streaming music services before. And, let’s face it – unless you’r…
Latest Industry: Apple, Spotify, Big Hit Entertainment, Pandora, eMusic, Ludlow Music, The Lede Company, More…
Elton John, Ariana Grande, and Taylor Swift ranked among the lowest ‘highest-paid’ artists of 2018. Billboard has released its list of the highest-paid artists in the music industry. Elton John ($11.4 million), Ariana Grande ($11.36 million), Janet Ja…
Three years ago, Pandora had more users than Spotify. Now it’s over 100m behind.
Total active users on the US-based platform fell yet again to 71.4m in Q2
The post Three years ago, Pandora had more users than Spotify. Now it’s over 100m behind. appeared first on Music Business Worldwide.
Spotify is worth more than $33bn, as stock price hits another all-time high
Market value of Pandora has also soared over the past three months
The post Spotify is worth more than $33bn, as stock price hits another all-time high appeared first on Music Business Worldwide.
Latest Industry: Piracy Drops, TanaCon, Stony Plain, Idris Elba, James Mtume, Netflix, More…
Fewer young people are pirating content. According to a new report from the UK’s Intellectual Property Office (IPO), piracy has dropped 7% among 16-to-24-year-olds since 2015. Over half now subscribe to an online video service, including Netflix and A…