Pandora Making Push To Stream Internationally
November 10, 2015 at 3:45 AM (PT)
PANDORA is reportedly preparing to expand internationally, reports BLOOMBERG, which writes the webcaster, "hurt by competition and slowing domestic growth, is laying the groundwork for the international expansion of its online radio service by seeking rights to play songs outside the U.S., according to people with knowledge of the matter."
In order to stream music overseas, PANDORA has approached rights holders about obtaining international access to music catalogs.
“PANDORA has been an outsider, throwing rocks from the outside,” PIPER JAFFRAY analyst JAMES MARSH told BLOOMBERG, adding, "If you look at what they’ve accomplished in the past couple weeks, they’re making progress.”