Pandora

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  • Pandora's Cost Structure Brings Big Downside Risks

    forbes.com 20 hours, 8 minutes ago

    While the growth of revenues, subscribers and listener hours continue to be high, the costs are rising faster even more quickly than revenues and so 2012 may be another year with negative free cash flows for the company.

  • Pandora Now Controls Over 70% Of Top U.S. Internet Radio Market

    boygeniusreport.com 6 days, 7 hours ago

    Pandora CEO Joe Kennedy recently announced that the music streaming service had surpassed 150 million users in the United States and was the second most downloaded app in the history of Apple’s App Store. According to the company’s recent earnings report for the first quarter of fiscal 2013, Pandora grew to a record 51.9 million active users, representing a 53% year-over-year increase. The service has a commanding 71.7% share of the top U.S. Internet radio market and controls almost 6% of the total U.S. rad

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Additional Info

via Wikipedia
In Greek mythology, Pandora was allegedly the first woman, who was made out of clay. As Hesiod related it, each god helped create her by giving her unique gifts. Zeus ordered Hephaestus to mold her out of earth as part of the punishment of mankind for Prometheus' theft of the secret of fire, and all the gods joined in offering her "seductive gifts". Her other name, inscribed against her figure on a white-ground kylix in the British Museum, is Anesidora, "she who sends up gifts," up implying "from below" within the earth. According to the myth, Pandora opened a jar, in modern accounts sometimes mistranslated as "Pandora's box", releasing all the evils of mankind — although the particular evils, aside from plagues and diseases, are not specified in detail by Hesiod — leaving only Hope inside once she had closed it again. She opened the jar out of simple curiosity and not as a malicious act.
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