Engadget - Springing into the new year, internet radio heavyweight Pandora has released some of its major statistics from 2012. The company states that 1.6 billion personalized radio stations were created and that it played over 13 billion hours of music.
Music listening service Pandora saw a dramatic dip and then a dramatic 22% spike in after-hours trading Wednesday, as investors were reading the tea leaves and then learned of the royalty rate decision.
TNW:
From January 1, Pandora is going to be paying more money to music labels for the songs being streamed on its platform.
With more personalization, Pandora hopes to take on Apple Music and Spotify.
