PM Update: Pandora Revenue Up 150%, EMI Helps Japan, Fontana Promotion

Hypebot publishes a morning roundup of industry news every weekday and when warranted add this PM update. For breaking news also follow @hypebot on Twitter.

• An amendment to Pandora's IPO filing reveals that revenue for the fiscal year that ended Jan. 31, 2011 was $137.8 million, a rise of 150% from the previous year. 87%  of revenue was from ads with balance from subscriptions.
• Coldplay, Beastie Boys and other top EMI acts unite for eBay auction to help Japan. Bid here.
• UMG's Fontana indie distribution taps former WEA Urban Sales & Marketing VP Ray Arceneaux Jr. as Director of Marketing.