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If you listen to Pandora regularly, you might notice new channels, shows, podcast and playlists popping up. Roughly one month after finalizing its $3.5 billion acquisition of Pandora , Sirius XM announced a first-ever, original content team for the platform. As Sirius explains, this is a move to generate music, sports and talk programs as a way of moving the service beyond just streaming music. It's also likely an attempt to take on the likes of Spotify, which recently made its own investment in podcasts .
Short interest hit a 52-week low for the satellite-radio provider, two weeks after clocking in at a new high. Closing on the Pandora deal played a starring role, but this isn't a solo effort.
In an effort to one-up Spotify and Apple Music, Pandora this morning announced the launch of a new marketing tool for artists, called Pandora Stories. The feature allows artists to build music playlists combined with voice tracks, where they can add a narrative and deeper insights -- explaining, for example, what a song means for them, what inspired their music, the story behind the music or anything else they want to add. When listeners play these Pandora Stories playlists, they get to hear both the music and the storytelling, interspersed.
The satellite-radio provider has its largest number of shares sold short in more than a year. This has historically been a lousy bearish wager.
SiriusXM's $3.5 billion acquisition of Pandora is set to close on Friday, and the satellite radio company is already laying out details on how it plans to make the most of its newest toy. In an earnings call with investors held Wednesday, Sirius CEO James Meyer said the company plans to launch Pandora channels within the SiriusXM app.
SiriusXM this week offered a few more details on how it plans to leverage its newest asset, Pandora, following its $3.5 billion acquisition of the streaming music service last year, which officially closed on Friday. At the time of the deal, the company spoke about the potential for cross-promotion opportunities between the services and new subscription packages. Now, those efforts are getting off the ground -- starting with a promotion within the Pandora app for SiriusXM subscriptions, followed by the launch of Pandora channels within the SiriusXM app.
NEW YORK, NY / ACCESSWIRE / January 30, 2019 / U.S. markets were mostly down Tuesday on the latest batch of corporate earnings and as investors await details from the Feds' two-day policy meeting. The ...
Pandora announced today that shareholders have approved its $3.5 billion acquisition by SiriusXM. After the transaction closes, several key Pandora executives will leave, including CEO Roger Lynch, general counsel Steve Bene, CFO Naveen Chopra and chief human resources officer Kristen Robinson.
Pandora Media, Inc. (NYSE:P) (“Pandora”) today announced that at a special meeting held earlier today stockholders of Pandora approved the acquisition of Pandora by Sirius XM Holdings Inc. (SIRI) (“Sirius XM”). At the special meeting of Pandora stockholders, holders of approximately 75% of the outstanding voting power of Pandora voting securities were voted, with approximately 97% of the votes cast in favor of the transaction. The transaction is expected to close shortly, subject to customary closing conditions.
Here Are Some Strategies Verizon Is Using to Drive GrowthFree Apple Music subscription at no extra costVerizon (VZ) recently started offering free Apple Music subscriptions with some of its unlimited wireless plans, expanding on a program that began
Updates from Online Music and Video Providers: SPOT, P, IQ(Continued from Prior Part)Shareholder vote scheduled Pandora (P) is scheduled to hold a special stakeholder meeting on January 29. The purpose of the meeting is primarily to allow
Updates from Online Music and Video Providers: SPOT, P, IQ(Continued from Prior Part)Spotify pursuing exclusive podcast dealsAs TechCrunch has reported, Spotify (SPOT) wants to focus more of its attention this year on developing its podcast