Can a Returning CEO and Streaming Music Subscriptions Turn Pandora Around?
In its latest earnings statement for the period ended March 31, 2016, Pandora Media Inc. (NYSE:P) reported revenue growth in all categories, but a net loss of $57.4 million, compared to $20.9 million for the same period last year. Tim Westergren, Pandora CEO and founder, who replaced Brian McAndrews as CEO earlier this year, commented on Pandora’s first quarter…
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