November 10, 2017

Pandora Grows Premium Subscriber Base and Subscription Revenue in Q3

Pandora’s subscription products, including Pandora Premium, and other changes, such as 250+ new featured playlists, are helping the company grow its subscriber base and revenue. In fact, in its third quarter financial report, Pandora reported that its new Pandora Premium product had crossed the 1 million subscriber milestone, and its total subscribers have grown to 5.19 million, a 29 percent increase year-over-year. In addition, ad RPMs hit an all-time high of $70.27, a 21 percent increase, and daily active users on consumer electronics and automotive platforms are up 36 percent year-over-year.

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Five on Friday: Experimenting with New Services, Social Care and SaaS

In this weeks Five on Friday, Tech.co shares three tips for launching a SaaS business, Media Post’s Oded Napchi says poor ad quality and ad fraud are responsible for the growth of ad blocking, Conversocial explains how bad it is for company’s not to respond to customer requests on social media, Fosina Marketing announces a merger, and Meredith experiments with new products and services including a wine club and a membership program.

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