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Posts Tagged ‘ Pandora Media Inc ’

Music streaming service Rdio to shut down, Pandora buys assets for $75M

Tuesday, November 17, 2015 | More »

Music streaming service Pandora Media Inc has agreed to acquire key technology assets and employees of its struggling rival Rdio for $75 million. In the process, Rdio will wind down its operations and seek Chapter 11 bankruptcy protection in the United States Bankruptcy Court for the Northern Distri...


Former News Corp president Chernin bids $500M for Hulu

Former News Corp president Peter Chernin has bid around $500 million for Hulu, the online video streaming service he helped create in 2007, according to two sources with knowledge of Hulu’s sale process. The website, jointly controlled by News Corp and Walt Disney Co, reached out to potential ...

8 April, 2013 | More »


Pandora, Spotify Face Off In Free Online Music Market

It took decades for music delivery to evolve from vinyl records to CDs and years to go from CDs to MP3 players. Now Internet radio is shaping up as competition for digital audio players by providing free online music streaming from websites such as Pandora and Spotify. Singer-songwriter Theresa Ande...

7 May, 2012 | More »

Market Rout Exposes High-Flying Dotcom Deals

The latest market rout might serve as a warning to investors who have euphorically poured money into high-flying technology stocks. Pandora Media Inc and Renren Inc are both trading below their IPO price. LinkedIn shares fell as much as 10 percent after Evercore Partners and Morgan Stanley downgrad...

9 August, 2011 | More »