Pandora to be in more cars, hits 100 million users
Internet radio Pandora announced expanded partnerships with automobile manufacturers on Tuesday and said it now has 100 million registered users.
The Oakland, California-based Pandora also said it presently accounts for 3.6 percent of all radio listening in the United States, up from 2.3 percent at the end of last year.
Pandora said it has 100 million registered users in the United States and 36 million monthly active users.
Pandora, which was listed on Wall Street last month, made the announcements at its first analysts' day on Tuesday.
Pandora, which creates personalized radio stations for users based upon their favorite artists or songs, was founded in 2000.
Currently offered in selected BMW, Ford, Mercedes-Benz, Mini and Scion vehicles, Pandora said it was expanding its ties with Ford Motor Co. and would be available in 10 Ford vehicles and two Lincoln vehicles.
Pandora will also soon be available in General Motors' Buick, Chevrolet and GMC, as well as in Hyundai and Toyota models, it said.
"Our goal is to allow people to personalize their radio experience anytime, anywhere," Pandora executive vice president of business development Jessica Steel said in a statement.
"Nearly 50 percent of radio consumption happens in the car, so it's a natural venue for Pandora," she said. "We want to make the experience as easy in the car as it is at home, at the office, and on a mobile phone."
Pandora shares were down 3.32 percent at $18.62 in early afternoon trading in New York on Tuesday.
Life & Style blogs
Other popular areas include Didsbury, Clifton in Bristol, central Cambridge and West Bridgford
Doctors are allowed to have personal beliefs, just as long as these beliefs do not interfere with th...
BBC journalist Justin Webb talks about his experiences of the advances in preventing heart attacks a...
- 1 'He was lucky he didn't die' - George Michael fell out of speeding car onto M1 motorway, according to eye witness
- 2 Gay couple beaten in park urge MPs to moderate language on gay marriage
- 3 After woman sells virginity for $780,000, here are the results of our prostitution survey
- 4 Far-right French historian, 78-year-old Dominique Venner, commits suicide in Notre Dame in protest against gay marriage
- 5 'It was just like the movie Twister': Man survives Oklahoma tornado by taking refuge in horse stall
BMF is the UK’s biggest and best loved outdoor fitness classes
Find out what The Independent's resident travel expert has to say about one of the most beautiful small cities in the world
Win anything from gadgets to five-star holidays on our competitions and offers page.
Excellent Salary Package - £60K to £120K: Austen Lloyd: We have an exciting op...
£200 - £250 per day: Progressive Recruitment: Java Developer - Urgent Requirem...
£70000 - £95000 per annum + Bonus, flexible working hours, remote work: Progre...
£50000 - £56000 per annum + Benefits package, flexible working hours: Progress...