Pandora Media Inc has partnered with a global rights agency representing thousands of independent artists and bands, such as Arcade Fire, Wilco and Lenny Kravitz, the online streaming music service said on Wednesday. The partnership with London-based Merlin is the first for Pandora, meaning it will now have a direct relationship with more than 20,000 […]
(Reuters) – Pandora Media Inc forecast current quarter adjusted profit largely below analysts’ estimates, hurt by slowing subscription revenue growth. The company’s shares fell 12 percent in extended trading. Pandora forecast adjusted profit of 5-8 cents per share on revenue of $235-$240 million for the third quarter ending September. [ID:nBw7FJpLJa] Analysts on average were expecting […]
(Reuters) – Twitter Inc has been in talks with Berlin-based online music platform SoundCloud in its efforts to add a music service to its offering, the Financial Times reported citing people familiar with the matter. The microblogging site has weighed up deals worth billions of dollars and has also considered buying music-streaming service Spotify and […]
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