Asked about his plan for the combined company, Sirius XM CEO Jim Meyer said: "There's real money to be made by optimising cross-promotion across these platforms. In a conference call with analysts, Pandora and Sirius XM offered little detail about how they will work together.
Matthew Thornton, an analyst at SunTrust Banks, called the price "underwhelming," and Pandora opened under $10 (€8.49) yesterday. The all-stock deal values Pandora at $10.14 (€8.6) a share, 12pc more than Friday's closing price but way below levels of four years ago, before stock tanked as competition from Spotify and Apple intensified. Learn about Strike-Through Pricing and Savings.
Pandora radio price trial#
Sirius XM bought a stake in Pandora last year for $480m (€407m), giving the online radio company a lifeline after upstarts such as Spotify began luring away streaming music subscribers. 0 for 30-Day Trial Pass or 3-Month Subscription to Pandora On-Demand Premium. The combination will help Sirius XM expand beyond an audience that mainly listens to its programmes while driving. 100-150 (24) Refine by Price: 100-150 150 & Over (9) Refine by Price: 150 & Over 672 Results Save to Wishlist Quick Shop NEW Disney Winnie the Pooh Bear Charm. Skip to main content Skip to footer content. Your business may benefit greatly by advertising on Pandora To receive more information about advertising on Pandora contact a media buying company such as Berk Marketing Radio & TV at 86. Our hand finished Charms will elevate any outfit. Users start by entering a favorite genre, song, artist. Mr Malone, owner of Ireland's Virgin Media, has been working to build a radio empire, complementing the pay-TV assets which helped build his fortune. We will help you by laying out all of the different areas of advertising on Pandora and give you a guestimate on how much it may end up costing you. Pandora is a free online music streaming service that allows users to create custom radio stations. Billionaire John Malone's Sirius XM is acquiring Pandora Media in a $3.5bn (€2.97bn) all-stock deal, giving the satellite radio operator an online music service to better compete with Spotify.
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