Pandora On-Demand Coming Soon? Sony, Universal Deals Signed

X

Pandora has signed licensing agreements with Sony Music and Universal Music Group as it seemingly moves closer to launch of an on-demand service.Pandora has additionally signed licensing agreements with Merlin Network, along with The Orchard and over 30 other independent labels and distributors.

The New York Times recently reported that Pandora is expected to unveil, perhaps as early as this week, an expanded version of its US$5 subscription platform. The New York Times reported the service will soon introduce new features such as the ability to skip more unwanted songs and to store several hours of playlists online, according to three people with direct knowledge of Pandora’s plans.

According to the people, by Christmas Pandora wants to introduce an on-demand service, comprising tens of millions of songs, taking on the likes of Spotify and Apple Music, expected to cost US$10 per month, The New York Times reported.

Pandora states that the agreements pave the way for it “to bring new products to market that enable enhanced subscription services, fuel new advertising opportunities and deliver unprecedented flexibility and ease-of-use to listeners”.

The agreements apply for Pandora’s US business, while Pandora is also available in Australia and New Zealand.

It is now a case of wait and see, with regard to the potential introduction of new services in the Australian market.

“This was a truly collaborative attempt to find a solution that would support artists while profitably growing our respective businesses,” Tim Westergren, Pandora founder and CEO, commented.

“And that is exactly what we achieved. Working together, we can reshape the digital music market and grow a great business that provides tremendous value to the music industry for decades to come.”

BEL2535 BPB024 4SQ Banners 728x90 Pandora On Demand Coming Soon? Sony, Universal Deals Signed
AU X8 Banner 728x90 Pandora On Demand Coming Soon? Sony, Universal Deals Signed
Westan 728x90px Pandora On Demand Coming Soon? Sony, Universal Deals Signed
4Square Media Banner Ads Update at 5 July JSAU05JUL1 MR 728x90 1 Pandora On Demand Coming Soon? Sony, Universal Deals Signed
MOTO 36331576 Q3 Ad Banners 728x90 2 Pandora On Demand Coming Soon? Sony, Universal Deals Signed
Hisense KV BannerAd 728 90 Pandora On Demand Coming Soon? Sony, Universal Deals Signed
ChannelNews AZ100 728x90 Pandora On Demand Coming Soon? Sony, Universal Deals Signed
Uniden Channelnews SoloX July 2024 728x90 1 Pandora On Demand Coming Soon? Sony, Universal Deals Signed
HAIER Series 600 FLW HPD Pairs 728x90 1 Pandora On Demand Coming Soon? Sony, Universal Deals Signed
Px7 S3 728x90 1 Pandora On Demand Coming Soon? Sony, Universal Deals Signed
Skullcandy 728x90 1 Pandora On Demand Coming Soon? Sony, Universal Deals Signed
Marshall 728x90 1 Pandora On Demand Coming Soon? Sony, Universal Deals Signed
728x90 Pandora On Demand Coming Soon? Sony, Universal Deals Signed
Flick of a switch 728x90 1 Pandora On Demand Coming Soon? Sony, Universal Deals Signed
728 x 90 Pandora On Demand Coming Soon? Sony, Universal Deals Signed
ELX DIG Crosscat Promo 728x90 Mar25 Pandora On Demand Coming Soon? Sony, Universal Deals Signed
FLOODLIGHT 2024 Banner 728x90px Pandora On Demand Coming Soon? Sony, Universal Deals Signed
728x90 Pandora On Demand Coming Soon? Sony, Universal Deals Signed
BlueAnt 4SQM PumpAirUltra 728x90px Pandora On Demand Coming Soon? Sony, Universal Deals Signed
4Square Media Banner Ads Update at 5 July JSAU05JUL1 Buddy 728x90 1 Pandora On Demand Coming Soon? Sony, Universal Deals Signed
appliance retailer leaderboard may 728x90 Hitachi updated Pandora On Demand Coming Soon? Sony, Universal Deals Signed
FA 979 HN MDF SG14 14gen 728x90 1 Pandora On Demand Coming Soon? Sony, Universal Deals Signed
GOTHAM 728px x 90px Pandora On Demand Coming Soon? Sony, Universal Deals Signed
250527 SAV Channel news June25 Leaderboard 728x90 1 Pandora On Demand Coming Soon? Sony, Universal Deals Signed
JBL TourPro3 728x90 Pandora On Demand Coming Soon? Sony, Universal Deals Signed


YOU MAY ALSO LIKE