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Pandora CEO, President, And CMO Leave Following SiriusXM Investment

The leadership changes at Pandora Media are taking place faster than expected: Today the company says that CEO Tim Westergren decided to step down, with CFO Naveen Chopra filling in as interim CEO. 348 more words

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Pandora Shares Rise On Report That CEO Tim Westergren Will Leave

Pandora Media investors appear to be encouraged by a report that CEO Tim Westergren will leave once the board settles on a replacement.

The share price is up 2.8% in morning trading following the news from Recode’s Peter Kafka. 207 more words

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Tim Westergren resigns as Pandora Media’s Chief Executive

Until the company finds a replacement, Westergren will continue to hold the office.

As per a Recode’s report, Tim Westergren, the founder and CEO of Pandora Media Inc, a music streaming service, has decided to step down. 127 more words

Strategy

Pandora Shares Pop After It Accepts $480M Investment From SiriusXM

Pandora Media’s effort to find a financial savior has sent it into the arms of John Malone’s Liberty Media with a $480 million investment agreement announced this morning. 443 more words

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Liberty CEO Says Its "Unlikely" He Will Buy Pandora At Current Price

Liberty Media just added some more static to the shifting signals it’s been sending about its interest in buying Pandora Media.

“We think the stock is overvalued, so it’s unlikely we’re going to buy them,” Liberty CEO Greg Maffei told investors today at the Deutsche Bank Media, Internet & Telecom Conference. 613 more words

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Pandora Media Shares Jump After Liberty CEO Seems To Warm To A Deal

Liberty Media CEO Greg Maffei seemed to change his tune slightly today when it comes to a possible deal with SiriusXM buying Pandora Media.

The streaming music company’s shares jolted to a 2% gain after Maffei, whose company owns 66% of the satellite radio provider, called Pandora “a really interesting asset.” 420 more words

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Pandora Says It Beat Q4 Profit Forecasts, And Will Lay Off 7% Of U.S. Workforce

It’s a good day for Pandora Media, as long as you aren’t an employee.

The music streaming power’s shares are up more than 8% in post-market trading after it said that it beat the targets it set for revenues and cash flow in Q4 — and still plans to slash its U.S. 372 more words

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