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Home > Magazine > Article Archive > News

News: Fortune Mag Calls Pandora a 'Money-Losing Music Machine'
Posted on Tuesday, June 14, 2011 @ 23:36:10 UTC
Topic: Media

There is a fundamental problem with Pandora Media's business model: the more its product is used, the more money it loses. That's the opposite of what makes a company viable in the long term. Nevertheless, the online music service is asking public shareholders to finance its growth so it can draw more listeners, increase usage and... lose more money, presumably. Complete Article





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