Pandora Founder Sees ‘Modest’ Competition From ITunes Radio
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Pandora Media Inc. will see a “modest” impact from Apple Inc.’s new iTunes Radio, according to Tim Westergren, who founded the leading Web music service.
Half of Pandora users listen on devices other than those from Apple, which makes the iPhone and iPad, Westergren told investors today at a conference sponsored by Goldman Sachs Group Inc. in New York.