Pandora Media LLC

Pandora Media LLC

Pandora Media LLC

Overview

Date Founded

2010

Headquarters

2100 Franklin Street,Suite 700,Oakland, CA 94612

Type of Company

Public

Employees (Worldwide)

1 - 10

Industries

Entertainment
Advertising & Marketing
Media Conglomerates
Consumer Services
Computer Software
Internet Software & Services

Company Description

Pandora Media, LLC engages in the provision of a music discovery platform through internet radio services. It focuses on driving revenue growth and profitability by retaining and growing its base of active users, increasing its monetization opportunities, and improving its execution, and efficiencies. The company was founded by Timothy Westergren, Will Glaser and Jon Kraft in January 2000 and is headquartered in Oakland, CA.

Website

http://www.pandora.com

Contact Data

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In The News

Nasdaq

January 15, 2021

U.S. keeping music licensing decrees that help Spotify, others

Business Insider

January 14, 2021

Today's best online deals: Breville Joule sous vide, PlayStation Plus, Pandora Premium, and more

Business Insider

January 14, 2021

How to make your headphones louder in 7 different ways

Business Wire

January 14, 2021

Europe Jewellery & Watches Retailers Database 2021: Ranking, Profiles and All Key Information for Aurum, Bucherer, Histoire d'Or, LMVH, Pandora, Richemont, Signet, Swarovski, Swatch & Wempe - ResearchAndMarkets.com

Business Wire

January 13, 2021

Vibenomics Strengthens Sales Team to Fuel Aggressive Growth in Audio Out-of-Home; Advertising company builds sales team to further guide expansion

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Executives & Employees

David Gerbitz

Chief Operating Officer

Chris Phillips

Chief Product Officer

John Trimble

Chief Revenue Officer

Jeremy Liegl

Assistant Secretary

Rachel Morin

Senior Campaign Manager

Sharon Malolot

Campaign Manager

Elysha Boyd

Campaign Manager

Ranier Balingcos

Campaign Manager

Kamicia Bass

Campaign Manager

Evan Grossjan

Campaign Manager

Board of Directors

Naveen Chopra

Chief Financial Officer & Executive Vice President at ViacomCBS, Inc.

Paths to Pandora Media LLC

Potential Connections via
Relationship Science

You

Pandora Media LLC

Recent Transactions

Details Hidden

Liberty Media Corporation, Sirius XM Holdings, Inc. purchase Pandora Media LLC

Details Hidden

Sequoia Capital, Tiger Global Management LLC (Private Equity), Eventbrite, Inc. purchase Ticketfly LLC from Pandora Media LLC

Details Hidden

Pandora Media LLC raised money in a private placement transaction

Transaction Advisors

Investment Advisor

Morgan Stanley & Co. LLC

Advised onLiberty Media Corporation, Sirius XM Holdings, Inc. purchase Pandora Media LLC

Investment Advisor

Centerview Partners LLC

Advised onLiberty Media Corporation, Sirius XM Holdings, Inc. purchase Pandora Media LLC

Escrow Agent

Computershare Trust Co., NA

Advised onPandora Media LLC issued USD Common Stock

Legal Advisor

Ivy H. Jones

Advised onLiberty Media Corporation, Sirius XM Holdings, Inc. purchase Pandora Media LLC

Legal Advisor

Jennifer F. Fitchen

Advised onLiberty Media Corporation, Sirius XM Holdings, Inc. purchase Pandora Media LLC

Legal Advisor

Karen Kazmerzak

Advised onLiberty Media Corporation, Sirius XM Holdings, Inc. purchase Pandora Media LLC

Advisors & Consultants

Legal Advisor

Jeffrey Saper

Partner at Wilson Sonsini Goodrich & Rosati PC

Legal Advisor

Susan A. Creighton

Co-Chair, Antitrust Practice at Wilson Sonsini Goodrich & Rosati PC

Legal Advisor

Olof Clausson

Partner at Latham & Watkins LLP

Clients

Bay Path University

Bay Path College traces its beginnings to a coeducational business school founded in Springfield, Mass achusetts in 1897. Originally named Bay Path Institute, the school offered programs in secretarial science, accounting, and business teacher training. Between 1897 and 1945, the school occupied four different locations in Springfield. In 1944, Mr. Thomas G. Carr purchased Bay Path Institute and in 1945 renamed it Bay Path Secretarial School and moved it to Longmeadow, Massachusetts where enrollment was restricted to young women. In 1949, the school became Bay Path Junior College and was chartered by the C ommonwealth of Massachusetts and authorized to grant the associate in science degree, then later the associate of arts degree. The name was changed in 1988 to Bay Path College and in 1991 the Massachusetts Board of Regents of Higher Education granted the college authorization to award Bachelor of Science and Bachelor of Arts degrees. As part of its continued growth and development, Bay Path College has expanded to offer an array of innovative graduate degrees. Today, Bay Path College is an independent, p rofessional college for women of all ages, as well as men pursuing graduate degrees

Key Stats and Financials As of

Market Capitalization

$2.18B

Total Enterprise Value

Earnings Per Share

Non-Profit Donations & Grants

$1,000 - $4,999

2018

Year Up, Inc.

$10K - $15K

2017

Breastcancer.org

$20K - $50K

2016

Little Kids Rock

Investors

Details Hidden

Peter Zandan

Global Vice Chairman at Hill & Knowlton, Inc.

Details Hidden

Peter C. Gotcher

Former Executive Vice President at Avid Technology, Inc.

Details Hidden

Piper Jaffray Cos.

Piper Jaffray Cos. is an investment bank and asset management firm, which engages in the provision of equity and debt capital markets products; public finance services; financial advisory services; equity research and institutional brokerage; fixed income institutional brokerage; and asset management services. It operates through Capital Markets and Asset Management segment. The Capital Markets segment focuses on investment banking and institutional sales, trading and research services for various equity and fixed income products. The Asset Management segment gives traditional asset management business and seed investments in registered and private funds. The company was founded in 1895 and is headquartered in Minneapolis, MN.

Suppliers

Salesforce.com, Inc. Market & Policy Research | San Francisco, CA

Salesforce.com, Inc. provides enterprise cloud computing applications. It provides a comprehensive customer and collaboration relationship management service to businesses of all sizes and industries and also provides a technology platform for customers and developers to build and run applications. The company has designed and developed its applications to be easy-to-use and intuitive solutions that can be deployed rapidly, customized easily and integrated with other software applications. Salesforce.com offers its services on a subscription basis, primarily through its direct sales efforts and indirectly through partners. The company operates in one segment. It was founded by Marc Benioff, Parker Harris, Dave Moellenhoff, and Frank Dominguez in February 1999 and is headquartered in San Francisco, CA.

Broadcast Music, Inc. Other Business & Consulting Services | New York, NY

Broadcast Music, Inc. operates performing rights organization. The firm represents songwriters, composers and music publishers in all music genres. It collects license fees on behalf of those American creators it represents. The company was founded in 1939 and is located in New York, NY.

Apple, Inc. Other Manufacturing | Cupertino, CA

Apple, Inc. engages in the design, manufacture, and sale of smartphones, personal computers, tablets, wearables and accessories, and other variety of related services. It operates through the following geographical segments: Americas, Europe, Greater China, Japan, and Rest of Asia Pacific. The Americas segment includes North and South America. The Europe segment consists of European countries, as well as India, the Middle East, and Africa. The Greater China segment comprises of China, Hong Kong, and Taiwan. The Rest of Asia Pacific segment includes Australia and Asian countries. Its products and services include iPhone, Mac, iPad, AirPods, Apple TV, Apple Watch, Beats products, Apple Care, iCloud, digital content stores, streaming, and licensing services. The company was founded by Steven Paul Jobs, Ronald Gerald Wayne, and Stephen G. Wozniak in 1977 and is headquartered in Cupertino, CA.

Competitors

Spotify Technology SA Internet Software & Services - Luxembourg, Luxembourg

Spotify Technology SA is a digital music service offering music fans instant access to a world of music. The company operates through the following segments: Premium and Ad-Supported. The Premium segment provides subscribers with unlimited online and offline high-quality streaming access of music and podcasts on computers, tablets, and mobile devices, users can connect through speakers, receivers, televisions, cars, game consoles, and smart watches. It also offers a music listening experience without commercial breaks. The Ad-Supported segment provides users with limited on-demand online access of music and unlimited online access of podcasts on their computers, tablets, and compatible mobile devices. It also serves both premium subscriber acquisition channel and a robust option for users who are unable or unwilling to pay a monthly subscription fee but still want to enjoy access to a wide variety of high-quality audio content. The company was founded by Daniel Ek and Martin Lorentzon in April, 2006 and is headquartered in Luxembourg.

Alphabet, Inc. Internet Software & Services - Mountain View, CA

Alphabet, Inc. is a holding company, which engages in the business of acquisition and operation of different companies. It operates through the Google and Other Bets segments. The Google segment includes its main Internet products such as ads, Android, Chrome, hardware, Google Cloud, Google Maps, Google Play, Search, and YouTube. The Other Bets segment consists of businesses such as Access, Calico, CapitalG, GV, Verily, Waymo, and X. The company was founded by Lawrence E. Page and Sergey Mikhaylovich Brin on October 2, 2015 and is headquartered in Mountain View, CA.

iHeartMedia, Inc. Cable, Satellite, and Radio Telecommunications - San Antonio, Texas

iHeartMedia, Inc. engages in the provision of media and entertainment services. It operates through the following segments: Audio; Audio and Media Services; and Corporate and Other Reconciling Items. The Audio segment comprises of media and entertainment services via broadcast and digital delivery and also includes events and national syndication businesses. The Audio and Media Services segment consists of the other audio and media services, including the media representation business (Katz Media) and the provider of scheduling and broadcast software (RCS).The company was founded by L. Lowry Mays and B. J. McCombs in 1972 and is headquartered in San Antonio, TX.

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