Cumulus Media Inc
Pandora Media manages to withstand competition from iTunes Radio
Pandora’s market share of the total U.S. radio listening grew to 9.11% in March and was able to withstand competition from Apple’s (AAPL) iTunes Radio, which launched last year and was billed as “Pandora Killer.”
Pandora’s rising content acquisition costs may impact its profits
Pandora said content acquisition costs, as a percentage of revenue, decreased for the calendar year 2013 due to its ability to monetize listener hours.
Measuring Pandora Media’s market performance versus its peers
Pandora’s valuations are considered lofty at a 175.4x forward price to earnings ratio considering the company has struggled to earn profits.