Pandora
Pandora’s Antitrust Suit Against Comedy ‘Cartel’ Dismissed
A federal judge in Los Angeles dismissed Pandora Media’s antitrust case against a group of comedians who had previously sued the internet radio station for copyright infringement. The group included Lewis Black, members of the Blue Collar Comedy Tour, and the estates of Robin Williams and George Carlin. Pandora, a company owned by SiriusX, has […]
SiriusXM has acquired Pandora in an all-stock transaction valued at approximately US$3.5 billion, reported the Financial Times. The combination brings together SiriusXM’s base of over 36 million subscribers across North America and 23 million+ annual trial listeners, and Pandora’s 70 million monthly active users. Executives said they expected to offer SiriusXM programming, which includes popular […]
Pandorais actively trying to sell itself and believes it can get a deal done within 30 days, sources told CNBC. KKR — an investment firm known for its private equity and hedge funds — said on Monday that it plans to invest $150 million in Pandora in exchange for new shares of preferred stock, a […]
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