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Tagged Rdio

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  2. Rdio
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Pandora Desperately Trying to Secure $300 Million in Debt

Paul Resnikoff
December 2, 2015
3
  Pandora, a company incinerating cash at seemingly-impossible levels, is now stretching its finances even further.  According to details first emerging on Wednesday, the billion-burning Pandora is ... Read More...
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Pandora Is Choking Its Listeners to Death With Ads

Paul Resnikoff
November 23, 2015
12
First, Pandora shocked Wall Street with an astounding $86.9 million in quarterly losses, the beginning of a total tailspin in shares.  Then, Pandora announced a $450 million acquisition of Ticketfly, follow... Read More...
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Rdio Is Terminating All Subscriptions on Monday

Paul Resnikoff
November 20, 2015
12
  Unclear is when Rdio is shutting down, though all subscriptions will be terminated effective November 23rd.  The news follows Rdio's march into bankruptcy proceedings, with debt loads topping $220... Read More...
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Pandora Burns $2.5 Million to Keep Rdio on Life-Support

Paul Resnikoff
November 18, 2015
6
The question is when all of this goes 'kaboooom!'  Pandora (P) shares are down nearly 40% in the last month alone, with Wall Street wondering WTF is going on with a near-$600 million acquisition spree th... Read More...
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Pandora Is Paying $75 Million to Buy a Bankrupt Rdio

Paul Resnikoff
November 16, 2015
20
Pandora is burning an epic pile of cash.  Rdio has already burnt theirs.  Which brings us to the latest music industry acquisition: a $75 million acquisition of a bankrupt streaming music platform by a cash... Read More...
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Why the Music Industry Is Starting to Hate YouTube…

Paul Resnikoff
July 27, 2015
40
... Read More...

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