US streaming radio service Pandora is at the centre of speculation that it may go public in the near future, with an IPO valued at $100 million. This is based on reports that it held a meeting last week with Wall Street underwriters in order to choose a firm to lead the process. Pandora isn’t commenting in response to the story. The company announced last week that it ended 2010 with 75 million users. However, alongside rumours about an IPO comes further discussion of Pandora’s business model – specifically whether as its userbase increases, the company can scale its revenues to match its royalty payments. 
Source: RAIN

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