Posts Tagged ‘Pandora’

Pandora Keeps Chugging Along…

Monday, February 22nd, 2010


Blu-Ray devices! Table top radios! Ford partnerships!

Just a bit of the excitement buzzing around the corridors of streaming online-radio service Pandora in 2010. Pandora, now ten years old, churned out its first profitable quarter EVER in December of 2009 – with revenues of $50 million. And get this – $30 million of that stack of cash went to artists in the form of royalties! The service is 40 million-subscribers strong, and is seeing 35,000 new iPhone subscribers daily (250,000 on Christmas day 2009 ALONE). Online music services all over the net struggle to stay afloat due to advertising, lack of user-loyalty, and an overall lack of ability to keep labels happy with royalties. What are they doing different? CNNMoney reports just what is keeping Pandora alive, and why the music industry is choosing to embrace it over so many “On-Demand” digital music servers.

Pandora’s Box: An In Depth Look At The Music Genome Project

Sunday, October 25th, 2009

pandora

In a fascinating article in the New York Times, Rob Walker digs into the engine behind what makes Pandora tick. For the uninitiated, Pandora is a music streaming site that allows users to create stations based around particular artists and genres. Pandora then makes suggestions for new music based on user ratings and similarities between genres.

Walker’s story chronicles the development and implementation of the system that makes Pandora work: The music Genome Project. Founded a decade ago in Oakland, CA, Pandora  has archived, categorized and cross-referenced over 700,000 songs from 80,000 artists. The Times article outlines the incorporation of Indian music, and outlines the detailed parameters each song is evaluated by. After a tough fight last year over royalties, and the progress of the Performance Rights Act, Pandora seems poised to reach critical mass in the coming years.