Pandora Acquires TicketFly for $450M

#1

Post by timthimmaiah » Wed, Oct 07, 2015, 8:03 PM UTC

Pandora Acquires TicketFly for $450M
start.ticketfly.com

Re: Pandora Acquires TicketFly for $450M

#2

Post by omouse » Wed, Oct 07, 2015, 8:27 PM UTC

Woah, I didn't realize how much $$$ Pandora had!

Re: Pandora Acquires TicketFly for $450M

#3

Post by kapkapkap » Wed, Oct 07, 2015, 8:29 PM UTC

Seems odd that ticketmaster would not have have been willing to purchase them for more than that (unless of course ticketfly didn't want to go that route, and was leaving money on the table).

Re: Pandora Acquires TicketFly for $450M

#4

Post by ceejayoz » Wed, Oct 07, 2015, 8:36 PM UTC

omouse wrote: post #2

Woah, I didn't realize how much $$$ Pandora had!

Half of it is Pandora stock, according to http://press.pandora.com/phoenix.zhtml?c=251764&p=irol-newsA....

Re: Pandora Acquires TicketFly for $450M

#5

Post by mcintyre1994 » Wed, Oct 07, 2015, 8:36 PM UTC

> 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?

Re: Pandora Acquires TicketFly for $450M

#6

Post by CPLX » Wed, Oct 07, 2015, 8:37 PM UTC

mcintyre1994 wrote: post #5

> 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 read that with an implied "most used mobile [music] app" but it is a genuinely confusing sentence.

Re: Pandora Acquires TicketFly for $450M

#7

Post by timcameronryan » Wed, Oct 07, 2015, 8:37 PM UTC

mcintyre1994 wrote: post #5

> 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?

Perhaps it's usage by time? i.e. Pandora left on in the background.

Re: Pandora Acquires TicketFly for $450M

#8

Post by acjohnson55 » Wed, Oct 07, 2015, 8:39 PM UTC

Between NextBigSound and this, Pandora's making some big moves. Wasn't sure if they'd become a dinosaur, but it'll be interesting how they tie all these capabilities together.

Re: Pandora Acquires TicketFly for $450M

#9

Post by smackfu » Wed, Oct 07, 2015, 8:40 PM UTC

mcintyre1994 wrote: post #5

> 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?

They are pretty up there, but no, not the top, which is Facebook as you would expect.

http://qz.com/481245/these-are-the-25-most-popular-2015-mobi...

Re: Pandora Acquires TicketFly for $450M

#10

Post by tstubben » Wed, Oct 07, 2015, 8:41 PM UTC

mcintyre1994 wrote: post #5

> 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 think they mean by time spent using the app. Pandora is used a lot in the background.