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March 6, 2014
08:31 EDTPPandora announces February audience metrics
Pandora announced new metrics that were reached in the month of February. Listener hours for Pandora during the month of February 2014 were 1.51 billion, an increase of 9% from 1.38 billion during the same period last year. Share of total U.S. radio listening for Pandora in February 2014 was 8.91%, an increase from 8.25% at the same time last year. Active listeners were 75.3 million at the end of February 2014, an increase of 11% from 67.7 million during the same time period last year. Pandora intends to discontinue its monthly disclosure of key audience metrics. The final monthly release will be provided in June. The company's standard practice of providing listener metrics on a quarterly basis will continue unchanged.
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February 10, 2016
06:19 EDTPPandora downgraded to Market Perform from Outperform at Cowen
Cowen analyst John Blackledge downgraded Pandora to Market Perform to reflect lower ad loads. The analyst said recent acquisition of Ticketfly and Rdio in Q4 indicate Pandora is diversifying its revenue stream and suggests challenges in the core business. Blackledge materially lowered 2017-2021 estimates mainly due to lower ad load forecasts given rising competition and cut his price target on Pandora shares to $9 from $21.
05:01 EDTPStocks with implied volatility above IV index mean; P DB
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January 28, 2016
09:02 EDTPPandora launches Browse
Pandora launched Browse, a new way to help users discover even more music. "Finding new music should be a simple and enjoyable experience," said Chris Phillips, chief product officer of Pandora. "Our musicologists have scored millions of songs to find the perfect music just for you. The new Browse feature makes it easy to find the music you love whether you know what you want, or need a little help discovering music you didn't know existed." The service includes fresh station recommendations, music metrics, and the ability see what's spinning on a station before adding it to station list.

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