Pandora Will Not Announce Music Service Today, As CEO Tim Westergren Goes Head To Head With Apple’s Tim Cook
Today is The Tale Of Two Tims. Excuse the alliteration, but that's exactly what's happening today when Pandora CEO Tim Westergren takes the stage at the CITI Global Technology Conference within minutes of Apple CEO Tim Cook taking the stage for Apple annual fall product launch.
Pandora has been pushing hard to put the final touches on the label deals needed to launch a paid on-demand streaming music service. CEO Tim Westergren had hoped to announce a Spotify-like service when he hits the stage today for an interview at the Citi’s Global Technology Conference in New York.
Westergren's appearance will come within hours of Apple's big product unveiling. But it became apparent overnight that the deals were not in place and Westergren would not be able to upstage Apple CEO Tim Cook.
In addition to a new Spotify-like $10 per month offering, Pandora is hoping to launch a $5 version that offers less flexibility than its new premium tier, but adds features that go beyond its free digital radio service, like unlimited skips.
Here is Pandora's official announcement of today's appearance and how to watch:
Pandora’s Founder & CEO to Present at the 2016 CITI Global Technology Conference
Event to be Audio Webcast Live on the Pandora Investor Relations Website
OAKLAND, Calif.–(BUSINESS WIRE)–Sep. 6, 2016– Pandora (NYSE:P), the go-to music source for fans and artists, today announced that the company's Founder and CEO, Tim Westergren, will present at the 2016 CITI Global Technology Conference.
Mr. Westergren will present at the 2016 CITI Global Technology Conference on Wednesday, September 7, 2016 at 1:25 p.m. ET / 10:25 a.m. PT in New York, NY.
A live audio webcast will be available on Pandora's Investor Relations website at http://investor.pandora.com.
Pandora is the world’s most powerful music discovery platform – a place where artists find their fans and listeners find music they love. We are driven by a single purpose: unleashing the infinite power of music by connecting artists and fans, whether through earbuds, car speakers, live on stage or anywhere fans want to experience it. Our team of highly trained musicologists analyze hundreds of attributes for each recording which powers our proprietary Music Genome Project®, delivering billions of hours of personalized music tailored to the tastes of each music listener, full of discovery, making artist/fan connections at unprecedented scale. Founded by musicians, Pandora empowers artists with valuable data and tools to help grow their careers and connect with their fans. www.pandora.com | Pandora Blog | Pandora LinkedIn | @PandoraPulse