Google Search


Search This Blog

Tuesday, July 29, 2014

Pandora Q2 Revenue Jumps 38%. Net Loss $11.7 Million


For the second quarter of 2014, Pandora's total revenue was $218.9 million, up 38 percent from Q2 2013. Advertising revenue was $177.3 million, an increase of  39 percent over 2013. Subscription and other revenue was $41.6 million, up 35 percent. Revenue generated from mobile is now $167.5 million up 51 percent from 2013 and now makes up 76 percent of Pandora's total ad revenue. Local advertising grew 144 percent in the quarter to $35.3 million. Pandora's (net) loss for the quarter was $11.7 million. The company also gave guidance for Q3 and expects revenue to come in between $235-$240 million which would be an increase of 39 percent over 2013.

(7/25/2014 11:44:03 AM)

I don't understand the fascination with Pandora. It is a losing business model.

Anyone can duplicate what they are doing. I am a former sicentific computer programmer for the military, and now general manager of a network of radio station. Duplicating and improving upon Pandora's framework would be easy.

This is not a business model that will be successful as it is far too easy to duplicate.

Add a Comment | View All Comments Send This Story To A Friend

View the original article here