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Pandora has settled ongoing speculation around its future by confirming it has received a $ 480 million investment form SiriusXM, while offloading its ticketing business Ticketfly to Eventbrite for $ 200 million. Rumors have persisted for a while that Pandora was courting buyers, with SiriusXM touted as one potential suitor. However, nothing came to fruition, with Pandora insisting it wasn’t selling and […]
Getty Images/Larry Busacca Sirius XM will invest $ 480 million in internet-radio pioneer Pandora, the companies said in a joint statement Friday. Pandora will also sell Ticketfly, the ticketing startup it bought for $ 450 million in 2015, to Eventbrite for $ 200 million. Under the terms of the Sirius XM investment, a subsidiary of the […]
