![]() ![]() Music labels will take note and act accordingly. The pain looming for Pandora will be intense, especially as it quickly becomes a ghetto for Android settlers who simply do not buy products in the way that Mac and iOS users do. ![]() This situation will soon be repeated by millions of iPhone, iPad, iPad mini, iPod touch, Apple TV, Mac, and Windows PC users. We haven’t touched Pandora since the day we first launched iTunes Radio. ![]() MacDailyNews Take: We haven’t listened to Pandora since September 18, 2013, the day Apple launched iTunes Radio. For the quarter, the company reported a net loss of $19.4 million, in contrast to $12.3 million in net earnings for the same period the year before.”” “In its financial results, which Pandora announced Thursday afternoon, the company had $336 million in revenue in the fourth quarter, but spent $143 million in ‘content acquisition costs,’ which includes music licenses, and $112.6 million on sales and marketing,” Picker and Sisario report. The stock has fallen more than 60 percent since October.” “Its shares are yielding a market value of $1.8 billion, down from more than $7 billion two years ago. “For Pandora, it would be a curious time to sell,” Picker and Sisario report. “Pandora is working with Morgan Stanley to meet with potential buyers, said the people, who spoke on condition of anonymity.” “Pandora Media, the largest Internet radio service, has held discussions about selling the company, according to people briefed on the talks,” Leslie Picker and Ben Sisario report for The New York Times. ![]()
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