SiriusXM Takes $1B Pandora Hit Due To ‘Royalty Cost Structure’

SiriusXM added 909,000 new subscribers last year, bringing their total monthly self-pay subscriber base to a record of 30.9 million at the end of 2020. Subs beat SiriusXM’s guidance for. Continue reading

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FRI. BRIEF: UMG Streams Earn $10M Daily • Live Nation Solid Q2 • Drake + SiriusXM + Pandora • Twitter Rebounds • More

FRIDAY 7.26.19 Music Business News From Around The Web Updated continuously under the More News tab

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Pandora CEO Roger Lynch, Other Execs Exit As Shareholders Approve Sale To SiriusXM

Pandora (NYSE: P) stockholders voted on Tuesday to approve the audio streamer's acquisition by SiriusXM.  At the special meeting stockholders with 75% of the outstanding voting power voted, with 97%. Continue reading

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