Pandora (P -1.5%) may be the most downloaded free music app, but that volume hasn't translated...

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

Pandora (P -1.5%) may be the most downloaded free music app, but that volume hasn't translated into a gold rush of mobile advertisers, Bloomberg reports. Although 70% of Pandora’s consumption happens on mobile devices, less than 1% of U.S. ad spending is aimed there - a big gulf, leading to concern a pivot from Pandora could be on the horizon.