SiriusXM reported record fourth quarter and full-year 2018 operating and financial results today. However, the best is yet to come for SiriusXM as their Pandora acquisition begins to impact the company. “Our combination with Pandora completely changes the game and gives us vastly more scale outside of the car in a way that we think […]
Pandora is considered the world’s most powerful music discovery platform, using its proprietory algorithm to determine which music to play to a subscriber at any given time. The question is how do they do it so successfully? Pandora’s Data Science Manager says that it’s not about AI and machine learning replacing humans. He says it’s
SiriusXM CEO James Meyer says that Pandora will make Sirius subscribers more sticky and will overall reduce churn. Meyer indicates that Pandora’s focus on advertising revenue will also help Sirius monetize the two-thirds of auto sales free trials that don’t convert to a paying SiriusXM subscriber. James Meyer, CEO of SiriusXM, discussed the Pandora acquisition on
It’s been an eventful quarter for SiriusXM, attaining their highest ever quarter of revenue at $1.47 billion and their highest ever adjusted EBITDA at $589 million. In the earning call SiriusXM CEO Jim Meyer talked about adding 300,000 net new self-pay subs in the third quarter, Amazon partnership, Pandora Acquisition, Connected Vehicle initiatives paying off,
Tim Westergren, Co-founder, and former Pandora CEO commented on CNBC’s Fortt Knox show: Part of what makes Pandora so valuable as an entity is the amount of data that it collects. There’s no service as engaging as Pandora that elicits so much feedback from listeners and the information you are gleaning right now is being
Apple, Amazon, Google is Going to Rue the Day They Let Pandora Get Away Read More »
