Pandora Media, Inc. IPO Advisory

IPO Research - IPO Boutique

<< Return Home

Subscribe Now
  IPO Boutique Blog
IPO Central
  IPO Calendar
  IPO Pipeline
  Track Record
  Last 10 IPO's & Quotes
  Sample IPO
  Rating Scale
  IPO Primer
Secondaries
  Current Week
  Track Record
  2015 Secondaries
  2014 Secondaries
  2013 Secondaries
  2012 Secondaries
  2011 Secondaries
  2010 Secondaries
  Secondaries Primer
Media
International publications
quoting IPO Boutique
founder Scott Sweet
General Info
  About Us
  Contact Us
  Testimonials
  Announcements
  Disclaimer
  Site Map
  A Touch of Humor



For IPO Boutique's "scale of 1 to 5" BUY rating on Pandora Media, Inc., and our comprehensive analysis, click the "Buy Market Research" link.
Company
Symbol
Price Range
Issue Price
Open
Shares
Trade Date
Pandora Media, Inc.P Last trade $23.99 $16.00 $20.0014 million9/19/2013
Underwriter(s):
Morgan Stanley, J.P. Morgan, Citigroup
Co-Manager(s):
William Blair & Co., Wells Fargo Securities, BofA Merrill Lynch, BMO capital Markets, Canaccord Genuity, Needham & Co. Pacific Crest, Piper Jaffray
Filing(s):


Pandora Media, Inc. Historical Chart - Click chart for current quote

About Pandora Media, Inc. (adapted from Pandora Media, Inc. prospectus):
Pandora Media is the leader in internet radio in the United States. Pandora uses intrinsic qualities of music to initially create stations and then adapts playlists in real-time based on the individual feedback of each listener. In January 2011, Pandora had over 80 million registered users and added a new registered user every second, on average. Pandora has more than a 50% share of all internet radio listening time among the top 20 stations and networks in the United States, according to a November 2010 report by Ando Media, or Ando, an audience measurement and ads management firm. Pandora was launched in 2005, and their listeners have created over 1.4 billion stations.

The Music Genome Project, and Pandora's playlist generating algorithms, form the technology foundation that enables Pandora to deliver personalized radio to their listeners. These proprietary technologies power their ability to predict listener music preferences and play music content suited to the tastes of each individual listener. The extensive musicological database of the Music Genome Project has been meticulously built by a team of professional musicians and musicologists analyzing up to 480 attributes, or genes, for every song in Pandora's vast collection, to capture the fundamental musical properties of each recording. When a listener enters a single song, artist, composer or genre to start a station a process called seeding Pandora's complex mathematical algorithms combine the genes cataloged by the Music Genome Project with individual and collective feedback to suggest songs and build personalized playlists. Over the last decade, Pandora's music analysts have been analyzing songs, their engineers have been organizing the genome and refining the playlist generating algorithms and, since the launch of the service five years ago, listeners have been providing feedback as they use the service. Containing over 800,000 songs from over 80,000 artists, the Music Genome Project might be the most comprehensive analysis of music in the world.

Pandora's service is available through a variety of distribution channels. In addition to streaming the service to traditional computers, they have developed Pandora applications for smartphones, such as Android phones, Blackberry phones and the iPhone, and partnered with the makers of over 200 consumer electronics devices, including Alpine, Panasonic, Pioneer, Samsung and Sony. They have also developed relationships with major automobile manufacturers.

In January 2011, the Pandora app was the #2 all-time downloaded free iPhone app and the #1 all-time downloaded free iPad app, according to Apple.

Pandora offers their service to listeners at no cost and generates revenue primarily from advertising. They also offer a subscription service to listeners.

This description is adapted from Pandora Media prospectus. This description is not intended to be a recommendation to buy stock from this company. To see the company's full description, view their prospectus.


Share this IPO Profile:

IPO Boutique aggregates information on public companies and private companies, such as Pandora Media "P" IPO, which is intended to educate our readers and help them evaluate potential investment opportunities and market conditions. We endeavor to research the financial industry and obtain independent verification of factual statements before presenting them to our users. Be informed.



Need a recommendation? Visit our Testimonials page and see over 200 investors singing our praises.



Used our Comprehensive Single Promo Advisory and want more?
We also offer a monthly or annual subscription






© 2005 - 2015 IPO Boutique. All Rights Reserved