Pandora “Absolutely Killing” Spotify’s Chances on Wall Street, Sources Say…
Pandora’s worsening financial situation is all-but-destroying Spotify’s chances of going public, according to multiple sources speaking with Digital Music News. Just last week, Pandora revealed second quarter losses north of $11.7 million, a significant deterioration from losses of ‘just’ $6.9 million during the previous year. That happened despite a massive 43% increase in revenues, to $218.9 million for … Continue reading Pandora “Absolutely Killing” Spotify’s Chances on Wall Street, Sources Say…
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