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Westergren Denies He's Doing it for The Money
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(11/14/2012 6:08:53 PM) Flag as inappropriate content
Smiller- Pandora's market cap is $1.2B or almost 3x Cumulus' so it is all but impossible for Cumulus to buy Pandora, never mind that Lew doesn't have the vision for it anyway.
found it...The digital music service Spotify is reportedly raising $100 million from a group of investors. The Wall Street Journal says the financing pegs the value of the company at slightly more than $3 billion. That’s more than twice what investors have pegged Pandora’s worth even though Spotify has fewer than four million paid users and four times that number that use its free service.
Tim...quit trying so hard to survive. there will be a company that will come along, probably clear channel or cumulus, that will purchase your delivery system...then you can pocket the money a go away!!
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(11/14/2012 6:08:53 PM) Flag as inappropriate content
Smiller- Pandora's market cap is $1.2B or almost 3x Cumulus' so it is all but impossible for Cumulus to buy Pandora, never mind that Lew doesn't have the vision for it anyway.
- Guest
(11/14/2012 8:48:04 AM) Flag as inappropriate contentfound it...The digital music service Spotify is reportedly raising $100 million from a group of investors. The Wall Street Journal says the financing pegs the value of the company at slightly more than $3 billion. That’s more than twice what investors have pegged Pandora’s worth even though Spotify has fewer than four million paid users and four times that number that use its free service.
- smiller
(11/14/2012 7:51:26 AM) Flag as inappropriate contentTim...quit trying so hard to survive. there will be a company that will come along, probably clear channel or cumulus, that will purchase your delivery system...then you can pocket the money a go away!!
- smiller
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