Pandora
Song Played 1.5 Million Times On Pandora Earns A Shockingly Trivial Amount Of Money (P)
Obviously, the digital revolution hasn’t been very good for the music business.
Not even apps like Spotify and Pandora are helping.
Sure, Spotify and Pandora pay musicians every time one of their songs are played – but they don’t pay much.
Take cellist Zoë Keating, for example.
In a blog post which is cited in today’s New York Times, Keating says that one of her songs was played 1.5 million times during a recent six month span?
Guess how much money she made from that…
…$1,652.74.
Shocking!
Mobile Accounts For Over 60 Percent Of Pandora’s Ad Revenues
Source: https://intelligence.businessinsider.com/welcome
Mobile continues to drive Pandora’s ad business.
Mobile ad revenues for its fiscal third quarter were $66 million, up from an estimated $53 million a quarter prior. Mobile accounted for 62 percent of total ad revenues, compared to 59 percent in the second quarter.
Overall mobile revenues, including subscriptions, increased $15 million in the quarter to $74 million.
Pandora is a prime example of how mobile is transforming what were once Web-based companies. With 77 percent of usage now coming from mobile— not to mention a majority of revenues— Pandora is essentially a mobile company.
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