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06-09-2017, 06:51 PM
Pandora got desperate e**ugh that it lost $250 million on Ticketfly
http://i.amz.mshcdn.com/HrdnkrFC1Jpe7sUaDM7W0AF9FDo=/575x323/filters:quality(90)/https%3A%2F%2Fblueprint-api-production.s3.amazonaws.com%2Fuploads%2Fcard%2Fima ge%2F503359%2Feacc8af6-2a55-4f1a-8027-187ba25e23f2.jpghttp://a.amz.mshcdn.com/assets/feed-tw-e71baf64f2ec58d01cd28f4e9ef6b2ce0370b42fbd965068e9 e7b58be198fb13.jpg (http://twitter.com/share?via=Mashable&text=Pandora+got+desperate+e**ugh+that+it+lost+%24 250+million+on+Ticketfly&url=http%3A%2F%2Fmashable.com%2F2017%2F06%2F09%2Fp andora-siriusxm-investment-ticketfly-sale%2F%3Futm_campaign%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_cid%3DMash-Prod-RSS-Feedburner-All-Partial)http://a.amz.mshcdn.com/assets/feed-fb-8e3bd31e201ea65385a524ef67519d031e6851071807055648 790d6a4ca77139.jpg (http://www.facebook.com/sharer.php?u=http%3A%2F%2Fmashable.com%2F2017%2F06 %2F09%2Fpandora-siriusxm-investment-ticketfly-sale%2F%3Futm_campaign%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_cid%3DMash-Prod-RSS-Feedburner-All-Partial&src=sp)
Pandora has been trying to find the right buyer for over a year (http://mashable.com/2016/07/21/pandora-sale-liberty-media/#Lop6rdUTehqX?utm_campaign=&utm_context=textlink&utm_medium=rss&utm_source=), with ** luck.*
Desperate times call for desperate measures. The music-streaming service has agreed to a $480 million investment from SiriusXM. In doing so, it's taking a $250 million loss on Ticketfly, which Pandora bought just 18 months ago.*
Pandora rejected an offer from SiriusXM to buy the struggling online radio service outright, CNBC reported (http://www.cnbc.com/2017/06/09/siriusxm-an**unces-pandora-investment-after-offer-to-buy-rebuffed.html). Pandora had said ** to earlier offers (http://mashable.com/2016/07/21/pandora-sale-liberty-media/) because the company felt they didn't value the company high e**ugh. Instead, Pandora will get $480 million through a strategic cash investment. SiriusXM gets to choose three new members of Pandora's board of directors and a new chairman.* Read more... (http://mashable.com/2017/06/09/pandora-siriusxm-investment-ticketfly-sale/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)
More about Pandora (http://mashable.com/category/pandora/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Streaming Music (http://mashable.com/category/streaming-music/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Music Streaming (http://mashable.com/category/music-streaming/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Streaming Services (http://mashable.com/category/streaming-services/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), and Siriusxm (http://mashable.com/category/siriusxm/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)http://feeds.feedburner.com/~r/Mashable/~4/QPviuDPAa4U
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Pandora has been trying to find the right buyer for over a year (http://mashable.com/2016/07/21/pandora-sale-liberty-media/#Lop6rdUTehqX?utm_campaign=&utm_context=textlink&utm_medium=rss&utm_source=), with ** luck.*
Desperate times call for desperate measures. The music-streaming service has agreed to a $480 million investment from SiriusXM. In doing so, it's taking a $250 million loss on Ticketfly, which Pandora bought just 18 months ago.*
Pandora rejected an offer from SiriusXM to buy the struggling online radio service outright, CNBC reported (http://www.cnbc.com/2017/06/09/siriusxm-an**unces-pandora-investment-after-offer-to-buy-rebuffed.html). Pandora had said ** to earlier offers (http://mashable.com/2016/07/21/pandora-sale-liberty-media/) because the company felt they didn't value the company high e**ugh. Instead, Pandora will get $480 million through a strategic cash investment. SiriusXM gets to choose three new members of Pandora's board of directors and a new chairman.* Read more... (http://mashable.com/2017/06/09/pandora-siriusxm-investment-ticketfly-sale/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)
More about Pandora (http://mashable.com/category/pandora/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Streaming Music (http://mashable.com/category/streaming-music/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Music Streaming (http://mashable.com/category/music-streaming/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Streaming Services (http://mashable.com/category/streaming-services/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), and Siriusxm (http://mashable.com/category/siriusxm/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)http://feeds.feedburner.com/~r/Mashable/~4/QPviuDPAa4U