Spotify lowers cost of U.S. premium service for students to $4.99 Spotify announced that college students in the United States can now purchase Spotify Premium for $4.99, effective immediately. Spotify offers a music service that competes with Internet radio offered by Pandora (P) and others. Reference Link
Pandora listening hours soft but ad revenue strong, says Canaccord Canaccord noted Pandora's July listening hours were soft but its ad revenue in Q2 was strong as the company is being more selective in the area of proactively seeking engagement from high-RPM listeners. Canaccord reiterated its Buy rating and $26 price target on Pandora shares.