Pandora Will Drop Monthly Listener Stats, Stock Dips

By | March 6, 2014

Scalper1 News

Pandora Media (P) stock fell Thursday after the Internet radio provider reported listener numbers for February but said it would phase out the monthly statistic. Pandora is facing increased competition after Apple (AAPL) launched iTunes Radio in September. Competition also is coming from iHeartRadio, an Internet radio platform owned by CC Media Holdings, the parent company of Clear Channel Communications, one of the largest radio station groups in Scalper1 News

Scalper1 News