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Pandora Acquires TicketFly for $450M

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31–40 of 95 posts

Re: Pandora Acquires TicketFly for $450M

#31

> The Pandora app is the single most-used mobile app in the world Can this possibly be true? More used than Apple/Google/Spotify music apps maybe, but Facebook? Google search seems hard to believe too? I mean 80m users, "many on their phone" when Facebook have put up 1b users in the same day and I'm pretty sure surpassed 50%+ mobile usage?

What is the Apple app? Do they mean the app store app? The Apple Store App? I'm confused.

Re: Pandora Acquires TicketFly for $450M

#32
post #31

> The Pandora app is the single most-used mobile app in the world Can this possibly be true? More used than Apple/Google/Spotify music apps maybe, but Facebook? Google search seems hard to believe too? I mean 80m users, "many on their phone" when Facebook have put up 1b users in the same day and I'm pretty sure surpassed 50%+ mobile usage?

What is the Apple app? Do they mean the app store app? The Apple Store App? I'm confused.

http://www.apple.com/music/

Re: Pandora Acquires TicketFly for $450M

#33
post #31

> The Pandora app is the single most-used mobile app in the world Can this possibly be true? More used than Apple/Google/Spotify music apps maybe, but Facebook? Google search seems hard to believe too? I mean 80m users, "many on their phone" when Facebook have put up 1b users in the same day and I'm pretty sure surpassed 50%+ mobile usage?

What is the Apple app? Do they mean the app store app? The Apple Store App? I'm confused.

I think he meant "Apple music app", as in iTunes.

Re: Pandora Acquires TicketFly for $450M

#34
post #30
post #21

Earlier quoted context omitted.

> but Facebook People listen to music for hours each day, even while working. They aren't using Facebook like that.

I also left Spotify streaming on my work computer when I left this evening. My average Spotify usage is probably 23 hours a day.

Your work computer's Spotify usage doesn't have anything to do with Pandora's claim about being the most used mobile app.

Re: Pandora Acquires TicketFly for $450M

#35
post #13

If they can destroy Ticketmaster I'll be happy. Edit: And StubHub for that matter.

I find it amazing that nobody can seem to outcompete Ticketmaster. It can't really take $15 per ticket to serve up 5 webpages. Are the costs of entry really that high? It doesn't seem like selling tickets should be that hard. How can a simple middleman maintain such a massive profit margin for so long?

You aren't the customer. The venues/teams/promoters are.

Re: Pandora Acquires TicketFly for $450M

#36
post #31

Earlier quoted context omitted.

What is the Apple app? Do they mean the app store app? The Apple Store App? I'm confused.

http://www.apple.com/music/

Which can't run on most mobile devices in the world... It would be shocking if any iOS only app was on the top of most used mobile apps.

Re: Pandora Acquires TicketFly for $450M

#37
post #25

Could anyone explain to me why they would do this instead of advertising/affiliate arrangements with all the ticket vendors out there?

One idea might be they were looking for complete ownership of the transactional data sets especially when paired with listening insights from that same consumer.

Re: Pandora Acquires TicketFly for $450M

#38

> The Pandora app is the single most-used mobile app in the world Can this possibly be true? More used than Apple/Google/Spotify music apps maybe, but Facebook? Google search seems hard to believe too? I mean 80m users, "many on their phone" when Facebook have put up 1b users in the same day and I'm pretty sure surpassed 50%+ mobile usage?

[deleted]

Re: Pandora Acquires TicketFly for $450M

#39

> The Pandora app is the single most-used mobile app in the world Can this possibly be true? More used than Apple/Google/Spotify music apps maybe, but Facebook? Google search seems hard to believe too? I mean 80m users, "many on their phone" when Facebook have put up 1b users in the same day and I'm pretty sure surpassed 50%+ mobile usage?

I also found that affirmation strange. Pandora isn't even global because of licensing issues.

Re: Pandora Acquires TicketFly for $450M

#40
post #20

Earlier quoted context omitted.

I find it amazing that nobody can seem to outcompete Ticketmaster. It can't really take $15 per ticket to serve up 5 webpages. Are the costs of entry really that high? It doesn't seem like selling tickets should be that hard. How can a simple middleman maintain such a massive profit margin for so long?

They are actually Live Nation which before the merger was a spin off from Clear Channel. So they have all kinds of legacy venue usage rights and exclusive contracts. It's so incredibly blatantly anti-competitive and yet the merger was allowed: Google, Microsoft , Intel, piles of companies were against the merger. So it's not amazing at all. And then it's perfect for many entertainers because they can use Ticketmaster…

To give people what the 'exclusive venue' right look like. If a venue uses ticketmaster, and breaks the contract, they can't sign with another ticket vendor for one year. That pretty much locks everybody else out of the market. Or the venue is going to have one very quiet year.
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