SiriusXM expects to write down Pandora by about $1 billion, a 40% decline from the $3.5 billion price paid fewer than two years ago. By Glenn Peoples While music streaming is the star of the music ...

Even with a streaming market that’s actually been made more robust by the pandemic, SiriusXM plans to write down the value of its Pandora streaming service by around $1 billion, down 40% from the $3.5 ...

Satellite radio giant SiriusXM saw a 6% revenue gain and added 279,000 subscribers in its satellite radio business, although it faced “headwinds” with its Pandora unit, which lost 63,000 subscribers ...

At Pandora ad revenue increased 32% to $404 million. The increase was aided by the purchase of Stitcher in Q4 of 2020. Monthly Active Users at Pandora were down, ad-supported listener hours were down ...