Actionable news
All posts from Actionable news
Actionable news in P: PANDORA MEDIA Inc,

Pandora On-Demand Streaming A Major Earnings Catalyst

Pandora remains one of my better performing stock picks. I anticipate incremental momentum in Pandora given the impending launch of an on-demand streaming tier, which is a step-up from Pandora One (which provides ad-free listening, but doesn’t allow music listeners to select specific songs like Spotify).

Here’s what the Wall Street Journal stated in their most recent report:

Pandora is close to reaching deals with major record companies that will allow it to do so both in the U.S. and in new overseas markets, though the agreements haven’t been finalized, these people said. It also had limited its service to the U.S., Australia and New Zealand—the few countries that make music licensing essentially automatic for internet-radio firms, as...