Please try another search
Pandora Media, Inc. (P), is an Internet radio service in the United States. As of January 31, 2012, it had over 125 million registered users.
This is a vol and stock note based on some very frightening news for P shareholders. A rather large company named Apple (AAPL) (actually the largest in the world) may have just ended their business. Here's the news:
NEW YORK (AP) -- Shares of Pandora Media Inc. tumbled Friday afternoon after a report by The Wall Street Journal that Apple Inc. is in talks to license music for an online radio service similar to Pandora's.
THE SPARK: The Journal's Friday edition said Apple is pursuing such a service because it is trying to expand its dominance in online music. It cited unidentified people familiar with the matter. Apple spokesman Tom Neumayr declined to comment on rumors and speculation.
THE BIG PICTURE: Pandora has several rivals already, including Spotify. But Apple's control over the iPhone and iPad could let it emphasize its own service.
Pandora pays royalties at statutory rates much like a regular radio station does. Apple is discussing licensing deals with record companies because it wants to sidestep some of the restrictions that apply to online radio. For instance, Pandora prevents users from listening to the same song twice in a row. -- Source: AP via Yahoo! Finance; Pandora down on WSJ's Apple online radio report.
That's ummm... scary... And I say that as my Pandora station plays in the background.
Let's start with the Charts Tab (six months), below. The top portion is the stock price, the bottom is the vol (IV30™ - red vs HV20™ - blue vs HV180™ - pink).
Netflix's stock price has soared in 2024. The company's new account-sharing policy is behind the bullish sentiment. Going forward, expectations are high for sustained growth in new...
Adobe stock has been in a downtrend since hitting all-time highs. During the period preceding the downtrend, the stock had gained over 100%. This raises the question: How can one...
US index futures were slightly in the red amid scarce positive news, while geopolitical tensions lingered. Despite initial relief from Israel's diplomatic approach, alternative...
Are you sure you want to block %USER_NAME%?
By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.
%USER_NAME% was successfully added to your Block List
Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.
I feel that this comment is:
Thank You!
Your report has been sent to our moderators for review
Add a Comment
We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:
Enrich the conversation, don’t trash it.
Stay focused and on track. Only post material that’s relevant to the topic being discussed.
Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.
Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.