Why is Pandora Buying a Radio Station ... in South Dakota?
There's an odd inequality in online music royalties: Radio station operators that run streaming websites pay less per online song than Pandora. Enter, station KXMZ-FM.
There's an odd inequality in online music royalties: Radio station operators that run streaming websites pay less per online song than Pandora. Enter, station KXMZ-FM.
From Pandora, which is trying to encourage more of its music streamers to pay, to Monster, which is trying to win back a good rep for its an energy drink, here's a rundown of this week's big winners and losers in the business world.
The financial markets are closed for the Christmas holiday, but when trading resumes on Wednesday, here's what's likely to help shape the rest of the week on Wall Street.
Pandora's popularity is unquestionable. The leading online music service provider served up 67 percent more hours of music to listeners in 2012's third quarter than it did the year before. But its profit outlook is ugly, and the level of competition it will soon face for our ears is even worse.
Internet radio giant Pandora and giant discounter Big Lots report their earnings; in entertainment, Disney is opening a huge new expansion, while Nintendo is thinking small; and some companies just can give money away fast enough -- as dividends.
Internet radio has never been as popular as it is right now, and market leader Pandora continues to grow at a heady pace. It has seen its shares of the total U.S. radio-listening market nearly double to 5.55%. That's the upbeat song. But here come the blues.






