Pandora: 60 Million Users And Counting
July 21, 2010 at 2:42 PM (PT)
PANDORA Pres./CEO JOE KENNEDY, speaking at a panel at the NEW MUSIC SEMINAR in NEW YORK, announced that the online "radio" now has over 60 million registered users. PANDORA boasts a library of hundreds of thousands of songs from 90,000 artists, 80% of which are played each month.
According to the SAN FRANCISCO BUSINESS TIMES, The OAKLAND-based company took in $50 million in revenue in 2009 and paid out $30 million in royalties.