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February 12, 2011
12:49 • 2 years ago

Pandora used to spend more on buying music than it made

Tags: content acquisition internet radio money pandor revenue

  • 119% the size of Pandora’s revenues that used to go towards acquiring content back in the second quarter of 2009
  • 48% the size of Pandora’s revenues that go towards content acquisition now – they’re profitable now source

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