Wow...and analysts are advising stockholders to "get off the bus and find a new means of transportation? Why? Because Pandora is too focused on OTA radio, and not enough on all the other benefits of the internet. And they're right. Look at Google. Why is it growing by such an incredible amount? Video ads are more valuable than audio ads. By focusing strictly on audio, Pandora is missing the biggest area of growth available to it.
My view is more critical: By focusing on being a personalized music distribution service, the company is a one-trick pony that uses very expensive content. The content costs continue to kill the company's profitability. It would be far cheaper for Pandora to hire musicians to create its own content than rent music from major record labels.
My view is more critical: By focusing on being a personalized music distribution service, the company is a one-trick pony that uses very expensive content. The content costs continue to kill the company's profitability. It would be far cheaper for Pandora to hire musicians to create its own content than rent music from major record labels.