We appreciated how superior the engine was and led a re-birth round to recruit new management to supplement Founder Tim Westergren and create a consumer facing service. The majority of our listener hours occur. Pandora is available as an ad-supported radio service, a radio subscription service called Pandora Plus and an on-demand subscription service called Pandora Premium. The Music Genome Project and our playlist generating. Founded by musicians, Pandora also empowers artists with valuable data and tools to help grow their audience and connect with their fans. The methodology requires trained musicologists to listen to and ingest songs. Since we launched the Pandora service in 2005, our listeners have created over 1.4 billion stations. Music Genome Project…a recommendation engine / technology based on the core traits or "genes" of music. Chernin Entertainment produces feature films and. The Chernin Group manages, operates and invests in businesses in the media, entertainment and technology sectors. Peter Chernin is the founder of The Chernin Group and Chernin Entertainment. Pandora has 50% penetration on smartphones in the United States and 10% share of radio listening. Pandora Radio - Listen to Free Internet Radio, Find New Music. 2008 Pandora launches "Pandora everywhere" initiative" and begins supporting some mobile phones.Ģ009: Pandora in position on iPhone, sees rapid transition to mobile first.Ģ011: Company IPO's with Walden owning over 15% having invested in every round.Ģ015: Brian McAndrews joins as CEO and builds out new team to broaden product line. Pandora info, screenshots & reviews Alternatives to Pandora 188 Filters. Using the Music Genome Project, over 400 attributes. Disillusioned after leaving Pandora, Tim Westergren set out to create a better kind of streaming platform. Will the app's ubiquity and ongoing success as a radio service drive big subscriptions for the on-demand incarnation? We shall see.2004: On the verge of bankruptcy, Walden leads re-birth round in Savage Beast Technology and joins Board Recruited Joe Kennedy, CEO Tom Conrad, CTO Jessica Steel, VP Business Development Walden's Bill McDonagh joins as interim CEO (until 2010) and Bob Kavner joins as outside Director.Ģ005: Launches (and renames) Pandora radio on the web.Ģ006: Crosslink (Jim Feuille) leads next round and Peter Gotcher joins the Board. Pandora Radio is a free (ad-supported) internet radio founded in 2000. The company claimed some 81.1 million active listeners (and 250m registered users) as of February. Pandora stock dipped 9 percent on the latest news, as investors try to wrap their heads around Pandora's next direction. The latter, who founded Pandora in 2000, also served as chief exec from 2002-04. We have the audience, the technology infrastructure, the monetization engine and most importantly the right team with the passion and commitment to do it."īoard member Jim Feuille will take on the Chairman role to Westergren's CEO. In 1999, he founded Pandora Radio alongside Jon Kraft and Will Glaser. Founded in 2000 as the Music Genome Project, Pandora uses algorithms and user feedback to generate music recommendations for its listeners. "We are pursuing a once-in-a-generation opportunity to create a massive, vibrant music marketplace," Westergren declared. Westergren started his career as a record producer and as a composer. Moreover, Web-only services such as Pandora, which had its debut in 2000, allowed users to program their own station by selecting only the music they. Insiders say that the music-focused Westergren's return to the helm is an affirmation of the company's current direction. Built on the bones of acquisition RDIO, the new Pandora offering is intended to rival Spotify, Apple Music, et al. The news comes as the music-tech firm, long the dominant force in streaming radio, readies an on-demand contender. Pandora founder Tim Westergren will step up to the CEO post at the music service, as Chairman Brian McAndrews steps down.
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