|Bid||0.00 x 900|
|Ask||0.00 x 2200|
|Day's range||8.17 - 8.38|
|52-week range||4.09 - 9.98|
|PE ratio (TTM)||N/A|
|Earnings date||31 Jul 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||7.67|
It should be a good time to invest in streaming music—and Spotify Technology (SPOT) is in the best position to benefit, according to MKM Partners. In a Monday note, the analysts at MKM—who have a “buy” rating and a $200 price target, 14% above current levels and ahead of FactSet’s consensus target, on the shares—examined Spotify’s major competitors in streaming music, suggesting a range of possible outcomes: • Apple (AAPL): “We think Apple will be a large player for subscription services, but that its base will be confined to a portion of those consumers still wedded to iTunes,” the analysts wrote.
While Spotify (SPOT) is quietly cutting direct song licensing deals with independent musicians to grow and diversify its music library, Pandora (P) is busy cutting deals with distributors. Pandora is banking on distribution partnerships and advertising to drive growth. AT&T’s (T) recent move to launch new unlimited wireless plans has brought an opportunity for Pandora to grow its customer base and sales.
Shares of Spotify (SPOT) have climbed roughly 16% since the streaming music powerhouse went public in early April. But the industry Spotify helped popularize is more crowded these days. So let's evaluate Spotify as it tries to push further into video after it announced a splashy new hire on Tuesday.
Investors with a long-term horizong may find it valuable to assess Pandora Media Inc’s (NYSE:P) earnings trend over time and against its industry benchmark as opposed to simply looking atRead More...
Tuesday is an important day for streaming music service Pandora Media (P): It’s the first day its Premium service is available to customers of AT&T’s (T) ”Unlimited & More” wireless plan. The plan offers ...
Pandora announces a new arrangement with AT&TBloomberg NewsThe Pandora Media application is seen in the App Store on an Apple iPhone. Pandora Media Inc. is one of the best performers in tech this year, with shares up nearly 75%. On the heels of a new partnership arrangement with AT&T Inc. (XNYS:T) Pandora’s (XNYS:P) Chief Financial Officer Naveen Chopra spoke with MarketWatch about how relationships with other tech companies can help the streaming-music pioneer drive more listeners to its products.
Snapchat parent Snap (SNAP) and Pandora (P) have partnered in what seems to be a move to benefit from the other’s strength to tackle their respective competition and grow their businesses. Pandora is bringing its music service to Snapchat, allowing Pandora subscribers to send their favorite songs to friends and family across Snapchat. The partnership with Snapchat gives Pandora an opportunity to reach a larger audience, which could, in turn, expand its revenue opportunities.
Shares of Pandora Media Inc. are up 2.1% in Thursday morning trading after the company said it has a new partnership with Snapchat parent Snap Inc. . "Soon, Pandora listeners will be able to send their favorite songs to friends and family through unique song cards that celebrate album art on top of an animated background, and receivers will be able to swipe up to listen directly on Pandora," the music-streaming company said in a release. "This integration will expand Pandora's social sharing capabilities by reaching Snapchat's massive audience while enhancing music discovery across both platforms." The feature will soon be available to U.S. users and is part of Snap's new Snap Kit developer platform.
Pandora (NYSE:P), the largest music streaming service in the U.S., today announced that it will team up with Snap Inc. as the music streaming launch partner for Snap Kit, Snap’s new platform for developers.
NEW YORK, June 12, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Southern ...
Music streaming company Pandora (P) has launched a family version of its premium service for $14.99 per month. An annual subscription of the family version is also available at an annual $164.98 fee, which would save users a month’s subscription fee annually. Pandora is far behind Spotify (SPOT) and Apple (AAPL) Music in terms of paid subscribers, as the graph below shows. Pandora’s new family plan could help it compete with Apple Music and Spotify, which already offer family deals at an identical price.
Pandora (P) launched Family Plan for Pandora Premium to withstand growing competition from players like Apple Music, Spotify, Google and Amazon.
Media streaming company Pandora launches new family subscription plan "with a twist," says CEO Roger Lynch.
Pandora (NYSE:P), the largest streaming music service in the U.S., today announced the launch of its Premium Family Plan that provides all the benefits of ad-free, on-demand music with Premium, for up to six people under one billing account for just $14.99 a month. To go along with this new subscription plan, Pandora is launching the “Our Soundtrack” feature – an auto-generated personalized shared playlist, updated weekly, for each Premium Family Plan. “The Premium Family Plan creates a major opportunity for Pandora to gain new subscribers by giving listeners new ways to enjoy music with the people they love at an affordable price point,” said Roger Lynch, Chief Executive Officer, Pandora.
Pandora (NYSE:P), the largest music streaming service in the U.S., today announced it has completed its acquisition of AdsWizz, the global leader in digital audio advertising technology. “Audio is the fastest growing format in digital advertising and the marketplace is rapidly evolving,” said Pandora CEO Roger Lynch. “We built the AdsWizz platform using innovative technology in service of a simple idea: provide value to all stakeholders in the digital audio ecosystem - including brands, listeners and publishers - with relevant, engaged and highly targeted advertising experiences,” said Alexis van de Wyer, CEO of AdsWizz.
Jul.11 -- Roger Lynch, Pandora Media Inc. chief executive officer, talks about the company's plans to regain its footing in the music-streaming business. He speaks exclusively to Emily Chang on "Bloomberg Technology."