“Fast Money” trader Tim Seymour says shares of fellow content streaming provider Pandora may get a boost thanks to competitor Spotify’s surprise valuation.Investors have valued its Spotify at about $8.4 billion, according a Dow Jones report, as it plans to raise some $400 million in funding. That values the firm at more than double Pandora’s current market cap of $3.6 […]
SummaryNeither Apple’s purchase of Beats nor Amazon’s recent music launch represent direct competition to Pandora which competes for revenue with terrestrial radio broadcasters (e.g. Clear Channel, Cumulus & CBS).
Pandora is really a Big Data technology company which uses its industry-leading data analysis algorithms to […]