Internet radio network Pandora helped define social music online. Using the Amazon model of ‘people who like this also like this’, Pandora build a global audience franchise. But while Shazam stole the crowds in clubs, and iTunes captured the downloads markets, Danny Meadows-Klue argues that Pandora’s growth lacks the scalability of a smart internet business […]
Internet radio network Pandora helped define social music online. Using the Amazon model of ‘people who like this also like this’, Pandora build a global audience franchise. But while Shazam stole the crowds in clubs, and iTunes captured the downloads markets, Danny Meadows-Klue argues that Pandora’s growth lacks the scalability of a smart internet business model. That’s why $16 a share feels like investors are paying over the odds…
Keep reading >>
