Did Pandora Pay Too Much? Shares Fall After $450M Ticketfly Acquisition
Shares of Pandora [P] fell as much as 7% yesterday on news that the music streamer had acquired indie ticketer Ticketfly for $450 million. While the deal could lead to. Continue reading
Pandora Acquires Ticketfly For $450 Million [NYSE:P]
Pandora has acquired independent ticketing company Ticketfly. It's a move that diversifies the music streamer's portfolio within the music vertical, and it could also be goods news for artists and. Continue reading
SFXE Shares Tumble To 88¢, NYSE Delisting and Bankruptcy Loom
SFXE shares fell another 15% on Thursday morning, trading at just $.88 midday. Listed on the New York Stock Exchange, SFXE stock can be removed from trading if its price closes. Continue reading
Teens Name Facebook 3rd Most Important Social Network
Facebook is the most popular social network in the world, but as usual, teens have their own ideas. A new Piper Jaffray survey shows that Facebook-owned Instagram is considered the "most. Continue reading
Pandora Dropped 2.3 Million Listeners In Last 3 Months, Stock Falls As Net Loss Widens
UPDATED: Pandora is heading into a stormy season, with court decisions, rate hearings and Congressional action all just ahead. Today's report to Wall Street, however, did nothing to calm investor. Continue reading
Pandora Earnings Disappoint, Stock Plunges, $439M Paid To Rightsholders In 2014
UPDATE: After falling as much as 26%, Pandora stock rose slightly in after hours trading, settling at $14.90, still down almost 20%. Pandora stock fell on news that the music. Continue reading
MySpace “Worth $15 Billion” When Sold For $35 Million, Says Co-founder
(Updated) MySpace was worth much,much more than the $35 million that Rupert Murdoch sold the site for in 2011 according to co-founder Chris DeWolfe. “He made a big blunder in. Continue reading
Facebook Confirms Drop In Teen Use, Valuation Falls $18 Billion
As we reported last week, teens are not as enamored with Facebook as they once were. In fact, Facebook has lost its crown to Twitter as the most popular social network. Continue reading
No Repress/Fistcogs Anonymously Battle “People Playing Wall Street” With Collectible Vinyl
Though the entities behind No Repress are anonymous, they're getting a positive response to their new service Fistcogs which is designed to combat vinyl speculators with particular inspiration from the. Continue reading
