The New York Times Co. (NYSE: NYT) broke a story about Pandora (NYSE: P) working on a potential move to sell itself. While the news is a rumor, there is one notable point to be made about the story: Pandora CEO Brian McAndrews is a director for the New York Times.

According to McAndrews' bio on the NYT website, he has been a director since 2012.

Whether or not this means the story is more plausible now is still up in the air. But, the relationship between the two companies might draw a few questions.

Shares of Pandora are up 9.6 percent.