Skip to content

4 Stats That Should Worry Pandora And Investors

Inside Pandora's announcement that is had closed a $150 million investment from KKR and lost less money that analysts had thought, were several statistics beyond the financials that must worry. Continue reading [https://www.hypebot.com/hypebot/2017/05/4-stats-that-should-worry-pandora-and-investors.

Arrows-down_370-194Inside Pandora's announcement that is had closed a $150 million investment from KKR and lost less money that analysts had thought, were several statistics beyond the financials that must worry CEO Tim Westergren & Company, as well as, their investors.

______________________________

Pandora_2016_logo wide

1. Just 500,000 have taken advantage of a Pandora Premium free trial

Since it launched its Pandora Premium service in mid-March, just 00.67% of Pandora's 76.7 million active users have opted in for a free trial. There were 1.3 million trial starts across all tiers last quarter.2.  4.71 Million Paid Subscribers  

That's across all of Pandora's tiers. Apple Music has 20 million paid users and 50 million pay for Spotify.

3. Listener Hours Down 310 MillionTotal listener hours were 5.21 billion for the first quarter of 2017, compared to 5.52 billion for the same period of the prior year. 4. Active Listeners Down 2.7 MillionActive listeners were 76.7 million at the end of the first quarter of 2017, compared to 79.4 million for the same period of the prior year.

Related articles

This Week in Music Commentary
Pandora Paid Pharrell Just $6300 For 105 Million "Happy" Plays
Artificial Intelligence Is The Future Of Music and Here's Why – hypebot
At 32 Million Subscribers, Apple Music Challenges Spotify As Streaming Leader – hypebot
Last Week's Most Read Posts On Hypebot: Am. Idol Winners Sue Sony Over Spotify Stake – Much More
Pandora's new on-demand service is finally available to everyone – here's what it's like (P)
Sonos PLAY:1 gets discounted to $180 in both colors
Bridge Ratings: Spotify Gaining At Expense Of Pandora
Pandora is betting its future on a new on-demand music service called 'Premium' – here's what it's like to use (P)