Monday, February 15, 2016

Pandora Rakes In $1.16 Billion Ahead Of Its Biggest Changes Ever

Pandora made $1.16 billion last year. So why is this company charting a different course for 2016 and beyond?

Internet radio is officially a billion-dollar business. In 2015, Pandora made $1.16 billion from its 10-year-old personalized Internet radio platform, the company reported Thursday as part of its fourth-quarter earnings release. That's a 26% increase in revenue over last year. So why is the company looking to chart a very different course over the next few years?

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