SunTrust Robinson Humphrey Reiterates Buy on Pandora (P) Following Announced Direct Deals
- Japan's Nikkei posts biggest point gain for fiscal year
- Citi downgrades tech stocks as its flagship indicator signals 'euphoria' levels
- UBS sees 5 warnings signals on semiconductor chip stocks
- 2 reasons why Tesla stock fell on Thursday
- US consumer sentiment tops estimates in March to hit nearly 3-yr high, UMich says
- AMC Entertainment (AMC) enters into an equity distribution agreement
- Kerrisdale Capital is short Microstrategy (MSTR), long bitcoin
- AMC Entertainment (AMC) Enters $250M ATM Agreement
- Intuitive Machines (LUNR) Files for $300M Share Offering, 160M Share Offering by Selling Stockholders
- Home Depot (HD) to Acquire SRS Distribution for $18.25B EV
Pandora Enters Into Landmark Direct Licensing Agreements With Merlin Network, Sony Music and Universal Music Group
September 13, 2016 7:15 AM EDTAgreements accelerate expansion of product offering and growth of profitable core business
OAKLAND, Calif.--(BUSINESS WIRE)-- Pandora (NYSE: P), the go-to music source for fans and artists, today announced the signing of direct licensing agreements for recorded music with Merlin Network, Sony Music and Universal Music Group, along with The Orchard and over 30 other independent labels and distributors.
These landmark agreements create a win-win partnership between Pandora and the music industry, opening up new revenue streams for artists and labels, while paving the way for Pandora to bring... More