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Do Analysts Like Pandora's Rdio Acquisition?
Tuesday, November 17, 2015 - 12:42pm | 521Read More...Shares of Pandora Media Inc (NYSE: P) have fallen sharply from its 52-week high of $22.60 in early October and are now lower by nearly 35 percent over the past month. Pandora said it will pay $75 million to acquire the assets of bankrupt Rdio. Axiom's Victor Anthony suggested that...
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YouTube Introduces New Music App; Prominent Media Analyst Responds
Friday, November 13, 2015 - 2:49pm | 474Read More...According to Re/code, Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL)'s YouTube is set to launch a fully dedicated music app. The music app, called YouTube Music, will feature an optional paid subscription model. Rich Tullo of Albert Fried cautioned that the streaming service does have its flaws. By...
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And The Beat Goes On... Apple Music To Become Company's Sole Music Platform
Friday, November 13, 2015 - 10:43am | 349Read More...Apple Inc. (NASDAQ: AAPL) has decided to terminate Beats Music on November 30. Apple acquired Beats and offered a music streaming platform, which was recently expanded to Android users. Apple Music will be the company's only streaming music service. Apple's $3 billion...
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Napster's Back
Friday, November 6, 2015 - 2:37pm | 359Read More...Napster is making a comeback in Canada as a rebranded, subscription-based streaming music service. Canadians can subscribe to the service for $10 a month, which is competitive against Spotify. Napster will offer access to more than 35 million songs. Napster is making a comeback, at least in...
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'Serial' Podcast And Ticketfly News Gives Pandora Stock A Lift, But Is The Move Justified?
Monday, November 2, 2015 - 12:37pm | 576Read More...Shares of Pandora Media Inc (NYSE: P) were higher by more than 4 percent Monday morning. Pandora said on Monday it will be the exclusive streaming partner for "Serial," the quickest podcast to reach five million downloads and streams in Apple Inc. (NASDAQ: AAPL) iTunes'...
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Wall Street, Bob Peck At Odds Over Pandora
Friday, October 23, 2015 - 11:21am | 735Read More...Shares of Pandora Media Inc (NYSE: P) plunged to a new 52-week low on Friday of $11.50 and is now lower by nearly 45 percent from a year ago. Pandora reported an in-line third quarter, but lowered its full year revenue and EBITDA guidance and also announced a $90 million settlement....
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Bob Peck: Pandora Revenue Has Even More Potential Than Previously Thought
Wednesday, August 12, 2015 - 2:27pm | 366Read More...In a report published Wednesday, SunTrust Robinson Humphrey analyst Bob Peck discussed Pandora Media Inc (NYSE: P)'s revenue potential from its Sponsored Listening ad unit which is set to be rolled out in the third quarter. Pandora's ad unit allows the listener to take advantage of one...
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Tullo: Buy Pandora, Expect Ad 'Bump' Soon
Friday, July 24, 2015 - 11:56am | 378Read More...In a report published Friday, Albert Fried & Company analyst Rich Tullo upgraded shares of Pandora Media Inc (NYSE: P) to Overweight from Market Perform with an unchanged $19 price target after the company posted a "solid" second quarter print. According to Tullo, Pandora's second quarter...
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OTR Global: Pandora View Has 'Deteriorated' On Ads, Local Radio Spending
Wednesday, July 15, 2015 - 12:11pm | 618Read More...In a report published Wednesday, OTR Global analyst Michael Foster commented that Pandora Media Inc (NYSE: P)'s "eagerly anticipated" programmatic buying platform has resulted in "tepid buyer enthusiasm." Foster noted that digital buyers reported "steady"...
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Apple Music Streams Doubled in First Half Of 2015; JP Morgan Sees Positive Impact For Stock
Monday, July 6, 2015 - 9:20am | 334Read More...In a report published Monday, JP Morgan analyst Rod Hall stated that Americans streamed 135 billion audio tracks and music videos over the Internet during the first half of 2015. Citing data from Nielsen, Hall noted that the 135 billion audio tracks and music streams represents a more than...
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Uh Oh: Early Reports Of Apple Music iCloud Glitches
Thursday, July 2, 2015 - 2:29pm | 351Read More...Apple Inc. (NASDAQ: AAPL)'s much anticipated music streaming service went live this week to the delight of millions. However, The Verge commented on Wednesday that Apple Music "has an iCloud problem." According to The Verge's Chris Welch, iTunes Match has been "one of...
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How's Wall Street Reacting To Day One At WWDC?
Tuesday, June 9, 2015 - 9:04am | 768Read More...Apple Inc. (NASDAQ: AAPL) began its week-long annual Worldwide Developers Conference on Monday. Here is what some of Wall Street's top analysts are saying on Tuesday. FBR: Streaming Music ‘Front And Center' Daniel Ives commented in a note that so far there have been no "...
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What's To Like About Pandora's Latest Earnings?
Monday, April 27, 2015 - 11:58am | 322Read More...In a report published Monday, Barrington Research analyst Jeff Houston commented on Pandora Media Inc (NYSE: P)'s first quarter results, noting that the company's strong performance was driven by accelerated listener engagement, mobile monetization and business-model leverage. Shares remain...
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Michael Pachter Lifts Estimates On Pandora Amid Listener Hour Growth
Friday, April 24, 2015 - 8:26am | 381Read More...In a report published Thursday, Wedbush analyst Michael Pachter commented on Pandora Media Inc (NYSE: P)'s first quarter results, noting a "solid" growth in listener hours and a better than expected local advertising and subscription revenue drove upside. Pachter noted that...
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Morgan Stanley On Pandora: 'We Know What We Don't Know'
Monday, April 20, 2015 - 12:01pm | 298Read More...In a report published Monday, Morgan Stanley analyst Benjamin Swinburne commented that a "wide range" of Copyright Royalty Board (CRB) royalty rate outcomes later this year makes valuing shares of Pandora Media Inc (NYSE: P) "challenging." "Our gut is despite the rhetoric, labels do not want its $...













