Pandora listening up in face of iTunes Radio

Nov 05, 2013

People listened to Pandora's Internet radio service for a collective 1.47 billion hours in October, up 18 percent from a year ago, in the face of the launch iTunes Radio.

The figure, released by Pandora Media Inc.'s Chief Financial Officer Michael Herring at an investor conference Monday, is Pandora's second-highest monthly level. It had 1.49 billion hours in March, the last month before it imposed a 40-hour-per-month cap on free listening on mobile devices.

It lifted the cap on Sept. 1, two weeks before Apple Inc. launched iTunes Radio.

Pandora's active listeners fell to 70.9 million from 72.7 million in September.

About a month after its mid-September launch, Apple CEO Tim Cook said that 20 million people had used iTunes Radio to listen to more than a billion songs.

Explore further: Review: Online stylists for the shopping-averse

Related Stories

Internet radio becoming more mainstream, survey says

Sep 25, 2013

Internet radio's drumbeat is getting louder. More than half of Americans who go online listen to Internet radio services, and consumers who use them are using them more often, indicating the industry has become increasingly ...

Pandora loss shrinks as revenue rises

Aug 29, 2012

Internet radio firm Pandora on Wednesday reported that its revenue climbed in the recently-ended quarter but that it still lost money due in large part to royalties paid out for songs.

Recommended for you

Slow start, gradual improvement for US Internet gambling

14 hours ago

Internet gambling is off to a slow start in the United States, with banks hesitant to handle credit card payments for online bets and some politicians and casino moguls pushing to ban it, but there remains potential for great ...

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.