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May 22, 2015 7:15 PM ET

Internet Software and Services

Company Overview of Pandora Media, Inc.

Company Overview

Pandora Media, Inc. provides Internet radio services in the United States. The company allows listeners to create up to 100 personalized stations to access free music and comedy catalogs, as well as offers Pandora One, a paid subscription service to listeners. It also sells audio, display, and video advertising to advertisers for delivery on computer, mobile, and other connected device platforms. As of December 31, 2014, the company had approximately 250 million registered users; and 81.5 million active users. Pandora Media, Inc. was founded in 2000 and is headquartered in Oakland, California.

2101 Webster Street

Suite 1650

Oakland, CA 94612

United States

Founded in 2000

1,414 Employees

Phone:

510-451-4100

Fax:

510-451-4286

Key Executives for Pandora Media, Inc.

Chairman, Chief Executive Officer and President
Age: 55
Total Annual Compensation: $955.0K
Chief Financial Officer and Executive Vice President
Age: 45
Total Annual Compensation: $564.3K
Chief Strategy Officer
Age: 42
Total Annual Compensation: $457.5K
Chief Revenue Officer
Age: 50
Total Annual Compensation: $450.0K
Chief Product Officer
Age: 39
Total Annual Compensation: $162.9K
Compensation as of Fiscal Year 2014.

Pandora Media, Inc. Key Developments

Pandora Media Inc. Loses Court Hearing Relating to a Dispute over Royalty Rates with Broadcast Music

Pandora Media Inc. lost a court hearing relating to a dispute over royalty rates with Broadcast Music Inc, which could force the company to pay 2.5% of its revenue to the music publishing rights group. Prior to the federal court ruling, Pandora's rate was set at 1.75% of its revenue. The company said it plans to appeal the decision. Pandora believes it will win the appeal, considering that last week an appeals court ruling upheld Pandora's victory in a related case against ASCAP.

Pandora Media, Inc. Presents at Jefferies 2015 Global Technology, Media and Telecom Conference, May-12-2015 10:30 AM

Pandora Media, Inc. Presents at Jefferies 2015 Global Technology, Media and Telecom Conference, May-12-2015 10:30 AM. Venue: Mandarin Oriental Brickell, Miami, Florida, United States. Speakers: Dominic Paschel, Vice President of Corporate Finance and Investor Relations.

Pandora Media, Inc. Presents at SunTrust Robinson Internet & Digital Media Conference 2015, May-12-2015 04:30 PM

Pandora Media, Inc. Presents at SunTrust Robinson Internet & Digital Media Conference 2015, May-12-2015 04:30 PM. Venue: The Palace, 2 New Montgomery Street, San Francisco, CA 94105, United States. Speakers: Brian P. McAndrews, Chairman, Chief Executive Officer and President.

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