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Pandora (P -7.5%) is diving in early trading. A possible culprit is Samsung's (SSNLF.PK)...
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Tuesday, May 29, 2012, 10:16 AM ETPandora (P -7.5%) is diving in early trading. A possible culprit is Samsung's (SSNLF.PK) introduction of its Music Hub service in tandem with the European launch of the Galaxy S III. However, Music Hub appears to be more of a direct rival to Spotify and Google Music than to Pandora - it allows songs to be uploaded to and streamed from the cloud, or to be streamed from a 19M-song catalog at a cost of €9.99/month.
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