Internet Radio Station Pandora Is For Sale

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Streaming music service Pandora Media Inc. (NYSE: P) is bleeding about $10 million a month, but it’s for sale if you’re looking for a fixer upper, says Fortune. At the end of last year, Pandora had 81.1 million active users*, the largest number of users for a streaming music service. Unfortunately, the company is still losing money. [Note: 3.9 million Pandora users are paid subscribers at $5 a month.] How long can the company last with losses of $10 million a month?

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