SiriusXM Reaches 34.2 Million Subscribers, But Pandora Radio MAUs Drop to 66 Million

Good news and bad news for SiriusXM investors. Earlier this morning, SiriusXM published its first quarter (Q1) 2019 financial report. First, the good news. The satellite radio company’s pro forma revenue jumped 10% to $1.9 billion, up from $1.7 billion…

Pandora CEO Roger Lynch Forced Out Following SiriusXM Acquisition Approval

Pandora CEO Roger Lynch was unable to solve listener engagement issues. SiriusXM has released its operating and financial results for the fourth fiscal quarter and the full-year of 2018. The satellite radio company added 346,000 net subscribers in the …

Latest Industry: Cisco, YouTube, Warner, Metallica, Vivendi, Prince, Apple Music, Pandora, TIDAL, More…

Cisco pulls ads from YouTube. Over a fear of sensitive content appearing right after its ads, Cisco has pulled all of its online ads from YouTube.  Taking a veiled swipe at the video platform’s past controversies over sensitive content, Cisc…

Latest Industry: Live Nation, Spotify, Latin Music, YouTube, Pandora, Gibson, Shazam, Prince, Distrokid, More…

Get your $20 concert tickets while they last. Live Nation has announced that ‘National Concert Week’ will take place April 30th through May 8th.  The promoter will offer exclusive $20 all-in tickets for music fans to celebrate the kick…

I’m an Award-Winning Cellist and Composer. Want to See My Royalties?

So, how much does Zoe Keating make from streaming? Every now and then, Digital Music News covers what real artists make from streaming platforms. One artist last year, for example, made just €403.27, or $470.47, on Spotify from 122,364 total play…

Pandora Just Created a Spotify Freemium Monster

To push users towards a premium subscription, Pandora Radio takes a page out of Spotify’s book. So, the end of the year has come.  You’ve lost several high-profile executives.  After failing to turn things around, your CEO and co-founder stepped …

Americans: Get Ready for a Serious Spotify Price Hike

With local and state governments failing to bring in enough tax revenue, some lawmakers have proposed a controversial idea:  Why not take streaming platforms like Spotify, Apple Music, and Netflix? By the end of 2019, analysts expect Netflix to have 60…

Pandora Death Watch: Stock Sinks Below $5 as Users Flee App

Is it now too late for Pandora Radio to turn things around? 850,000 users gone each month.  8 million active listeners have left the platform in nine months.  $1 billion lost in four years.  Advertising failing to bring any kind of meaningful revenue. …

Broadcast Executive Accuses Pandora of Faking Listener Numbers

As Pandora Radio faces a desperate situation, a broadcast executive now accuses the service of falsifying listener numbers. Pandora Radio isn’t in great shape.  In slightly over two years, the self-proclaimed “king of streaming” has lost close to a quarter of a billion dollars.  In over seventeen years, they have never posted a profit.  After […]

The post Broadcast Executive Accuses Pandora of Faking Listener Numbers appeared first on Digital Music News.