Pandora Slowly Slipping Away? | MUSIK !D TV NEWS

It’s been reported that Pandora is worth less than a third of what it used to be for six years straight. Pandora’s worth is under $5 per portion. In March 2014, Pandora was worth $8 million.

On Nov. 3, it has been stated that the company’s stock dropped 24.6%, which means its share downgraded to $5.59. 5 days later, the worth degraded again to $4.90 per portion.

Pandora’s active audience depreciated to 73.7 million since the end of September. From MBW’s calculations, Pandora has net losses of $1.02 billion for four years straight.

What do you guys think? Will Pandora conquer this issue? Let us know in the comment section down below.

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EPISODE SOURCES:
https://www.musicbusinessworldwide.com/pandora-has-lost-1bn-in-4-years-and-is-worth-less-than-ever-can-it-be-salvaged/
https://www.cnbc.com/2017/08/14/pandora-appoints-roger-lynch-as-new-ceo.html