Pandora (P -4.1%) bleeds for the second day in a row (previous) on concerns about iRadio's...

|About: Pandora Media (P)|By:, SA News Editor

Pandora (P -4.1%) bleeds for the second day in a row (previous) on concerns about iRadio's impact. CFO Mike Herring's efforts at a BofA/Merrill conference to downplay the threat aren't doing much to help. A Bloomberg report claiming Apple is ramping its iRadio ad sales efforts and will share ad revenue with studios (apparently in return for playback options not supported by rivals) could be adding to the pressure. Will Apple disrupt Pandora in a way that Spotify, Amazon, Google, Sony, Microsoft, TuneIn, and Songza have thus far failed to?