Life is seemingly never boring for Pandora (NYSE:P).
If investors (or, more likely, sell-side analysts) aren't openly
fretting about mobile monetization and listening hours or the threat
that is (or isn't) Apple (Nasdaq:AAPL),
they're worried about Pandora's content acquisition costs. While there
of course many uncertainties regarding what Pandora will look like in a
few years' time, the company is not just sitting back and waiting for
the future to arrive. As seen in the company's decision to buy a
terrestrial radio station, Pandora is willing to take off the gloves and
get its hands dirty to build a viable long-term business.
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