Pandora is on course to make a small loss of $2.1 million this year, the aren’t official numbers, but calculations by MP3tunes boss Michael Robertson. He reckons that Pandora is on for $100 million of revenues this year, but will have a $49.1 million sound recording royalties bill, and an additional $2 million of publisher royalties, along with other costs of $36 million.

EarPods and phone

Tools: platforms to help you reach new audiences

Tools: Kaiber

In the year or so since its launch, AI startup Kaiber has been making waves,…

Read all Tools >>

Leave a comment

Your email address will not be published. Required fields are marked *