An Interest In:
Web News this Week
- April 14, 2024
- April 13, 2024
- April 12, 2024
- April 11, 2024
- April 10, 2024
- April 9, 2024
- April 8, 2024
Pandora Raises Price of Ad-Free Streaming for Some Listeners
Pandora Media Inc., the biggest online radio service, raised the price of its advertising-free Pandora (P) One option for some users, citing rising royalty costs.
Listeners who now pay $36 a year for the service will be asked to pay $3.99 a month, Pandora said today on its blog. For new subscribers, the price will be $4.99 a month, starting in May. Existing users of a $3.99-a-month plan will see no change.
Pandora is seeking to defray royalty rates that have risen 53 percent in the past five years and are set to increase again next year, according to its blog. In an interview last month, Chief Executive Officer Brian McAndrews said improvements in advertising sales have made the free service more valuable, in some cases, than a paid subscription. Read more...
More about Streaming Music, Internet Radio, Pandora Radio, Business, and AdvertisingOriginal Link: http://feeds.mashable.com/~r/Mashable/~3/ILxb2AE8elE/
Mashable
Mashable is the top source for news in social and digital media, technology and web culture.More About this Source Visit Mashable