Set as Homepage - Add to Favorites

【Adventure Movies | Adult Movies Online】

Source：Exquisite Information Network Editor：Social Good Time：2025-06-26 08:38:26

Pandora has been trying to find the right buyer for over a year,Adventure Movies | Adult Movies Online with no luck.

Desperate times call for desperate measures. The music-streaming service has agreed to a $480 million investment from SiriusXM. In doing so, it's taking a $250 million loss on Ticketfly, which Pandora bought just 18 months ago.

Pandora rejected an offer from SiriusXM to buy the struggling online radio service outright, CNBC reported. Pandora had said no to earlier offers because the company felt they didn't value the company high enough. Instead, Pandora will get $480 million through a strategic cash investment. SiriusXM gets to choose three new members of Pandora's board of directors and a new chairman.

SEE ALSO: Why I want my own music in the age of streaming

"This strategic investment in Pandora represents a unique opportunity for SiriusXM to create value for its stockholders by investing in the leader in the ad-supported digital radio business, a space where SiriusXM does not play today," SiriusXM CEO Jim Meyer said in a statement. "Pandora's large user base and its ability to provide listeners with a personalized music experience are tremendous assets."

Mashable Top Stories Stay connected with the hottest stories of the day and the latest entertainment news. Sign up for Mashable's Top Stories newsletter By clicking Sign Me Up, you confirm you are 16+ and agree to our Terms of Use and Privacy Policy. Thanks for signing up!

Probably as a condition of this deal, Pandora had to sell Ticketfly. The ticketing service went to Eventbrite for $200 million—much less than the $450 million Pandora paid for it in 2015. As part of the sale, Pandora will enter a "commercial agreement" with Eventbrite to still allow Pandora to be involved in ticketing in some as-yet-unspecified way.

SEE ALSO: PayPal files lawsuit against Pandora for mimicking its 'iconic logo'

“Pandora is now poised to advance to the next stage of the company’s lifecycle,” Pandora Director Tim Leiweke said in a statement. “We are pleased that the conclusion of our strategic review resulted in a major investment by a world class company like SiriusXM, and with the sale of Ticketfly, we will now redouble our focus on execution supported by a strong balance sheet.”

Pandora is facing competition from more and more music streaming options—Apple Music, Spotify, Amazon Music Unlimited, etc.

Pandora introduced its own long-awaited on-demand streaming service — aka not just free internet radio — in March.

Good luck, Pandora, in the next stage of your lifecycle.

Featured Video For You
Engineers genetically modified a dragonfly to carry a tiny solar-powered backpack

Previous：Music is the secret weapon of Mario Speedrunners

Next：Whale Vomit Episode 5: Startup Monarchy

Related Articles
Related Recommendations
Categories
Latest Articles
Popular Articles
Hot Recommendations
Featured Column

Quick Links

Google says it 'may' delete your files if you don't log in enoughAirbnb offers free housing to those affected by Barcelona attacks6 of history's greatest minds that I could easily defeat in Mario Kart 64We're at a crossroads for free speech online, and it could change the internet as we know itICE abolished its own Twitter account by mistakeAnother one of Donald Trump's committees just resigned in protest'Bugsnax' is more perfectly timed for 2020 than anyone realizedPlease enjoy all these hedgehogs being washed with toothbrushesPaul Lieberstein on playing Toby Flenderson and how 'The Office' taught him to actWhat is climate migration?How to start a climate strike at your schoolPS5 'SpiderWaze brings Amazon Music into its appThe complexity of sending sounds to (and from) spaceThe internet is saying goodbye to Steve Bannon by trolling him with Confederate statue jokesThe odds on Trump resigning just shifted, and not in his favorFacebook Messenger's 'vanish mode' makes messages disappear'The Mandalorian' births a new internet STAR: Mon Cal in a sweaterForget to order a cable? Best Buy now has sameGoogle Maps now shows how crowded your train or bus is in real 4 Lightning headphone options for the iPhone 7 Explaining to your children that Brad and Angelina are getting a divorce 'Hearthstone' guide: Bend nature to your will with the Yogg Token Druid 9 times Brangelina were the actual best Daniel Radcliffe talks Trump and racism in Hollywood Why queer women everywhere actually enjoyed the 2016 Emmys How one red cap and a ton of suspect merch is boosting Trump's coffers Artist auctions dead cat handbag after lowering starting price to $1 A candy has officially trumped our Republican candidate Donald Trump Jr. stole a refugee's photo for his anti Watch: Young photographer climbs to dizzying heights to get the perfect shot Note7 owners: Samsung is forcing a software update to limit your battery Hilariously intense quiz Your Tinder match can now judge you by your most GoPro's new Hero 5 Black and Hero 5 Session are pretty sweet. Bridal party carried adoptable puppies instead of bouquets In their own words: Brangelina's love through the years The NBA's newest $100 million man is someone whose story you can't help but love 'Clash Royale' unseats 'Pokémon Go' after 74 days at top of App Store Son of China's richest man shows off his dog's 8 iPhone 7s

2.2259s , 8200.984375 kb

Copyright © 2025 Powered by 【Adventure Movies | Adult Movies Online】,Exquisite Information Network  

Sitemap

Top

Quick Links