Timeline of Pandora Radio

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This is a timeline of Pandora Radio.

Big picture

Time period Development summary More details

Full timeline

Year Month and date Event type Details
2000 Foundation Pandora Media Inc. begins as Savage Beast Technologies, and is founded by Will Glaser, Jon Kraft and Tim Westergren.[1][2] with the idea of creating a separate, individualized radio station for each user, with music that the user prefers without music that he or she does not prefer.
2000 March 2 Funding Pandora anounces its first funding round, aising US$ 1.5 million.[3]
2004 January 1 Funding Pandora receives US$ 7.8 million in Series B funding round, with Walden Venture Capital, Selby Venture Partners, Robert Kavner, Peter Gotcher, Marcus and Labrador Ventures as investors.[4]
2004 December 15 Funding Pandora receives US$ 7.7 million in funding round, with Walden Venture Capital as lead investor.[5]
2005 November 21 Funding Pandora receives US$ 12 million in Series C funding round, with Walden Venture Capital, Selby Venture Partners, Labrador Ventures, Hearst Ventures and Crosslink Capital as investors.[6][7]
2006 May 3 TechCrunch reports that Pandora Media unveiled its new community influenced playlist feature to its 1.8 million users.[8]
2006 July 1 Funding Pandora announces Series D funding round, with Piper Jaffray Private Capital Group, Hearst Ventures, and Bay Area Equity Fund as investors.[9]
2006 August Recognition Time Magazine selects Pandora as one of its “50 Coolest Websites 2006.”[8]

[10]

2006 August 10 Recognition Pandora Media is featured in the San Francisco Chronicle as the "best place to discover new music".[8]
2006 November Recognition Fortune Magazine cites Pandora Radio as "the most efficient new-music discovery mechanism".[8]
2007 May Recognition Pandora receives the 2007 "Red Herring 100 North America" award.[11]
2007 May 27 Recognition PC World names Pandora one of "The 100 Best Products of 2007".[11]
2007 June Recognition Pandora wins in the Media category in CNet’s first “Webware 100” awards.[11]
2007 September Wired Magazine's Bog Network reports that Hewlett-Packard's upcoming laptop and desktop computers will ship with the Pandora internet radio service via the Windows start menu or an IE bookmark, allowing buyers of those machines to start enjoying Pandora's free, customizable, artist-based music stations.[11]
2007 November 27–28 Pandora is featured in Doonesbury cartoons.[11]
2007 November AT&T Communications adds Pandora’s personalized Internet radio service to its wireless network, available from select AT&T mobile phones.[11]
2008 December Pandora releases a Windows Mobile client for the HTC Touch and the Motorola Q9c handsets to complement its offering on the iPhone and their J2ME application for standard AT&T and Sprint feature phones.[12]
2008 December Pandora hits 20 million registered users.[13]
2009 July 10 Funding Pandora receives US$ 35 million in new VC funding, with Greylock Partners and GGV Capital as investors.[14][15][16][17][18][19]
2010 June 2 Funding Pandora raises undisclosed amount of funding in round led by GGV Capital, with additional investment from Allen & Company.[20]
2011 June 15 Funding Funding Round for Pandora in announced, with GGV Capital as investor.[21]
2013 March 7 Pandora chairman and chief executive officer Joseph J. Kennedy announces that he would leave the company after nine years.[22]
2013 June 11 Acquisition Pandora acquires KXMZ –a terrestrial radio station in South Dakota, in an attempt to take advantage of the performance royalty fees available to broadcast radio stations and Internet radio services operated by owners of broadcast radio stations.[23][24][25][26][27]
2013 September 1 Pandora removes a 40-hour-per-month limitation for free mobile listening.[28]
2013 December Competition iTunes is described as Pandora's "biggest existential threat".[1]
2013 December Penetration Pandora is noted as accounting for 70 percent of all Internet radio listening in the United States.[1]
2015 May 19 Acquisition Pandora acquires Next Big Sound, a six-year-old company that tracks the popularity of songs online and in social networks. The acquisition of the social analytics company is expected to add insight to Pandora's massive trove of data.[29][30][31][32]
2015 October 6 Acquisition Pandora acquires Ticketfly, a ticketmaster-type site, for US$450 million. Ticketfly provides ticketing and marketing software for venues and event promoters, making it easier for fans to find and buy tickets. The acquisition is believed to close the loop for Pandora by creating a one-stop-shop for artist discovery, marketing, and concert ticket sales.[33][34][35][36]
2015 November 16 Acquisition Pandora buys assets from on-demand streaming service Rdio. The $75 million deal is aimed at acquiring Rdio’s technology, intellectual property, and some other capabilites, but crucially, not Rdio’s operating business itself.[37][38][39][40]
2017 May 8 Pandora raises US$150 million in Post-IPO Equity funding round, with Kohlberg Kravis Roberts as lead investors.[41]
2017 June 9 Funding Pandora raises US$480 million in Post-IPO Equity funding round.

Meta information on the timeline

How the timeline was built

The initial version of the timeline was written by User:Sebastian.

Funding information for this timeline is available.

What the timeline is still missing

[1] [2] [3]

Timeline update strategy

See also

External links

References

  1. ↑ 1.0 1.1 1.2 Guglielmo, Connie (December 2, 2013). "Pandora Plays Nice" (paper). Forbes. pp. 46, 48. 
  2. ↑ Clifford, Stephanie (October 1, 2007). "Pandora's Long Strange Trip". inc.com. Retrieved 5 December 2017. 
  3. ↑ "Series A - Pandora". crunchbase.com. Retrieved 31 October 2017. 
  4. ↑ "Series B - Pandora". crunchbase.com. Retrieved 31 October 2017. 
  5. ↑ "Funding Round - Pandora". crunchbase.com. Retrieved 31 October 2017. 
  6. ↑ "Series C - Pandora". crunchbase.com. Retrieved 30 October 2017. 
  7. ↑ Sanders, Adrienne. "Pandora Media: VC's 18-year-old offered critical advice". bizjournals.com. Retrieved 30 October 2017. 
  8. ↑ 8.0 8.1 8.2 8.3 "Labrador news 2006". labrador.com. Retrieved 5 December 2017. 
  9. ↑ "Series D - Pandora". crunchbase.com. Retrieved 30 October 2017. 
  10. ↑ "TOPIC: TIME MAGAZINE'S 50 COOLEST WEBSITES 2006". ulop.net. Retrieved 5 December 2017. 
  11. ↑ 11.0 11.1 11.2 11.3 11.4 11.5 "Labrador news 2006". labrador.com. Retrieved 5 December 2017. 
  12. ↑ "Labrador news 2006". labrador.com. Retrieved 5 December 2017. 
  13. ↑ "Pandora Hits 20 Million Registered Users (Via Twitter)". techcrunch.com. Retrieved 5 December 2017. 
  14. ↑ "Series D - Pandora". crunchbase.com. Retrieved 30 October 2017. 
  15. ↑ "Pandora Tunes Into $35 Million". pehub.com. Retrieved 30 October 2017. 
  16. ↑ "Pandora Raises $35 Million After Securing Long Term Survival". businessinsider.com. Retrieved 30 October 2017. 
  17. ↑ "Pandora Receives $35 Million Injection: MediaBytes with Shelly Palmer July 13, 2009". huffingtonpost.com. Retrieved 30 October 2017. 
  18. ↑ "Updated: Pandora Raises $35M". gigaom.com. Retrieved 30 October 2017. 
  19. ↑ "Pandora has raised $35 million in new VC funding". musicsupervisor.com. Retrieved 30 October 2017. 
  20. ↑ "Series E - Pandora". crunchbase.com. Retrieved 30 October 2017. 
  21. ↑ "Funding Round - Pandora". crunchbase.com. Retrieved 30 October 2017. 
  22. ↑ "Chief Executive at Pandora Media to Step Down". mediadecoder.blogs.nytimes.com. Retrieved 5 December 2017. 
  23. ↑ "Pandora Buys Terrestrial Radio Station in South Dakota, Aims for Lower ASCAP Royalties". billboard.com. Retrieved 4 December 2017. 
  24. ↑ "Pandora Buys Terrestrial Radio Station in Fight Over Royalty Rates". pcmag.com. Retrieved 4 December 2017. 
  25. ↑ "Why Pandora bought an FM radio station". thehill.com. Retrieved 4 December 2017. 
  26. ↑ "Pandora Buys a Radio Station, Just to Make a Point About Royalties". bloomberg.com. Retrieved 4 December 2017. 
  27. ↑ "Pandora acquires terrestrial radio station KXMZ in order to nab RMLC license". slashgear.com. Retrieved 4 December 2017. 
  28. ↑ "Pandora will remove its 40 hour per month mobile listening cap on September 1st". thenextweb.com. Retrieved 5 December 2017. 
  29. ↑ "Pandora Buys Next Big Sound to Track Popular Music". nytimes.com. Retrieved 4 December 2017. 
  30. ↑ "Pandora Acquires Next Big Sound". billboard.com. Retrieved 4 December 2017. 
  31. ↑ "Pandora acquires Techstars-backed music analytics company Next Big Sound". venturebeat.com. Retrieved 4 December 2017. 
  32. ↑ "Pandora acquires music data company Next Big Sound". latimes.com. Retrieved 4 December 2017. 
  33. ↑ Burns, Matt. "Pandora Acquires Ticketfly For $450M To Sell Concert Tickets". techcrunch.com. Retrieved 4 December 2017. 
  34. ↑ "Pandora Acquires Ticketfly for $450 Million". inc.com. Retrieved 4 December 2017. 
  35. ↑ "Pandora to Buy Ticketfly for $450 Million". wsj.com. Retrieved 4 December 2017. 
  36. ↑ "Pandora Acquires Ticket Seller Ticketfly For $450 Million". forbes.com. Retrieved 4 December 2017. 
  37. ↑ "Pandora To Buy Rdio Assets For $75M In Cash, Rdio Files Ch.11, Will Shutter Service". techcrunch.com. Retrieved 4 December 2017. 
  38. ↑ "Pandora Acquires Rdio Tech And Talent (Look Out, Spotify)". fastcompany.com. Retrieved 4 December 2017. 
  39. ↑ "Pandora to Acquire Pieces of Rdio". billboard.com. Retrieved 4 December 2017. 
  40. ↑ "Rdio is shutting down and Pandora is buying up the scraps". theverge.com. Retrieved 4 December 2017. 
  41. ↑ "Post-IPO Equity - Pandora". crunchbase.com. Retrieved 30 October 2017. 
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