March 8, 2013
The following video is from Friday's Investor Beat, in which host Chris Hill, and analysts Matt Argersinger and Jason Moser dissect the hardest-hitting investing stories of the day.
Shares of Pandora (NYSE: P ) soar on better-than-expected earnings, and news that CEO Joe Kennedy will step down. Pandora has 67 million monthly active listeners, and now represents 8% of the total U.S. market. In this installment of Investor Beat, our analysts talk about the future of the music service.
Pandora has won millions of devotees among music fans, but few supporters on Wall Street. The online jukebox seems to be redefining the way we consume music, a transformation that's only likely to grow. But high royalty rates, and competition from all corners, threaten to silence the company. Can Pandora translate success with its listeners into a prosperous business model that will deliver for investors? Learn about the key opportunities and potential pitfalls facing the upstart radio streamer in The Motley Fool's new premium research report. All you have to do is click here now to subscribe to this invaluable investor's resource.
The relevant video segment can be found between 2:38 and 4:29.