Personal radio service Pandora’s latest quarterly financial results tell a familiar story of revenue growth, but still no profitability. The company’s revenues were up 18.8% year-on-year to $230.8m in the first quarter of 2015, with ad revenues jumping 27% to $178.7m, but subscriptions dipping slightly from $53.7m to $52m during that period. Pandora’s net loss for the first quarter was $48.4m though, up from $28.9m a year ago.
April 24th, 2015 by Stuart Dredge
April 23rd, 2015 by Stuart Dredge
Is 2015 a good year for new music tech startups? In June we'll get a good chance to find out with Midemlab. The annual startup pitching contest takes place during the Midem...
March 31st, 2015 by Stuart Dredge
As things stand, there are three ways to make meaningful revenues from streaming music: First, be an artist popular enough to rack up tens of millions (or ideally hundreds...
February 3rd, 2014 by Music Ally
This week saw Music Ally's Eamonn Forde and Stuart Dredge return to their microphone and cups of tea to talk digital music for our podcast