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Pandora CEO Kennedy to step down

By Associated Press

POSTED:
LAST UPDATED: 01:52 p.m. HST, Mar 08, 2013


OAKLAND, Calif. » Pandora Media Inc. Chief Executive Joseph Kennedy is stepping down.

The company announced the change today after reporting fourth-quarter results that showed a narrower loss and higher revenue than analysts expected.

Shares jumped $2.23, or 19 percent, to $13.96 in after-hours trading on the news.







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nodaddynotthebelt wrote:
Pandora is old news. Spotify is the new rage. It is BETTER than Pandora Radio. In Spotify you choose what you want to listen when you want to listen to it. You can listen to a whole album by your favorite artists. You don't have to put up with "guesses" or permutations by Pandora which will play what THEY want to play for you. Of course, there is a catch. They have a commercials just like Pandora Radio. But they have to pay the bills don't they? Spotify claims to pay the artists for their music when people play their music. If you have been listening to Pandora all this time, you will love Spotify. It's free music. Enjoy!
on March 7,2013 | 03:52PM
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