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Pandora Enjoying Paid Subscription Growth

  • Variety, Tuesday, November 6, 2018 10:49 AM

Despite bringing in $417.6 million in revenue during the third quarter, Pandora still reported a net loss of $15.5 million, Variety reports. “But the bigger story for Pandora may be the significant growth of its subscription business,” it notes. “The company generated close to 30 percent of its Q3 revenue with paid subscriptions.”

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