Pandora generates $1bn in 12 months as its listener numbers grow 

The US-based streaming radio business last night revealed its Q2 fiscal results for the three months to end of June, posting US $230.9m in revenue – up from $177.3m in the same period the year before. However, the company’s net loss widened from $11.7m in Q2 2014 to $16.1m in the same quarter this year.

Source: Pandora generates $1bn in 12 months as its listener numbers grow – Music Business Worldwide