Pandora (P) to Acquire Key Rdio Assets in $75M Deal
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Pandora to Acquire Key Assets from Rdio
November 16, 2015 4:05 PM ESTAdding technology, IP and talent to accelerate development of new capabilities; Pandora hosting investor call to outline growth strategy at 1:30 p.m. PT today
OAKLAND, Calif.--(BUSINESS WIRE)-- Pandora (NYSE: P), the worlds most powerful music discovery platform, today announced an agreement to acquire several key assets from Rdio, a pioneer in streaming music technology. This will accelerate the companys plan to offer fans greater control over the music they love, strengthening Pandoras position as the definitive source of music.
Whether streaming through radio, on-demand or in-person at... More
