Pandora passes USD 2 bln in all-time royalty payments

Tuesday 19 April 2016 | 11:39 CET | News
Pandora has announced that its digital music service has generated a total of USD 2 billion in royalties for artists since it first launched. The new milestone comes just nine months after the company hit the USD 1.5 billion all-time royalties figure. Pandora said its users currently spend an average of over 23 hours a month streaming music on the service, resulting in rapidly accelerating royalty payments. The number of active listeners stood at 81.1 million at the end of 2015, down slightly from 81.5 million a year earlier, although total listener hours grew 3 percent to 5.37 billion in the

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Categories: Internet
Companies: Pandora
Countries: World
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