Charles Brandon and Spencer -
Muscle prediction - By this time next year Sirius will buy Pandora at bargain basement levels. Pandora is now about 45- 50% below its IPO price from 5 years ago and dropping. Sirius could use the installed mobile user base to market a package of Sirius + commercial free Pandora paid subs and destroy terrestrial radio.
ReCode -
Last month, the New York Times reported that Pandora had hired bankers to sell the company. The most logical buyer, according to industry executives I’ve polled, would be satellite radio giant Sirius XM, who they imagined would be interested in Pandora’s big installed base of mobile users; Pandora’s mobile users account for 85 percent of the service’s use.
But we haven’t heard much about the would-be sale since the initial report.
http://recode.net/2016/03/28/pandora...ack-in-charge/