Pandora Media Is Still A Good Investment For The Long Haul
- Pandora has been the fastest growing digital radio company over the past couple of years. With more than 200 million subscribers already under its belt, compared with about 26.3 million.
- The existing Beats Audio subscription service is not a big threat to Pandora Media. Beats has only 200,000 paying users compared to Pandora, which boasts 76 million monthly active users.
- All 10 of the 10 best-selling cars in the U.S. now have Pandora pre-installed in their music systems. Pandora accounts for about 9% of total radio listening in the U.S.