Pandora is in trouble, as explained by the consistently excellent Tim Ingham at Music Business Worldwide, after losing a billion dollars over the last four years and monthly active users (MAU) fell to 73.7 million – its lowest point since Q1 2014. Regular readers will know that I’m a long-time advocate of Pandora’s model. Indeed, Pandora’s model is the future of radio. However, it now appears that Pandora may not be the future of Pandora’s model. In fact, with Liberty Media subsidiary Sirius XM waiting in the wings for Pandora’s market cap to fall even lower than its current $1.4 billion (down from $8 billion in Q1 2014), Pandora might not even be the future of Pandora. In fact, Pandora’s struggles could be Sirius XM’s gain, exactly when it needs the help.
The simplest kind of business entity, registering your band as an Limited Liability Corporation can offer a number of advantages, both when it comes to taxes and if your band should ever be sued. It's a litigious world out there, after all.
A technical problem has caused the follower counts on many independent Spotify playlists to drop, often by the thousands. Several independent record labels who curate their own playlists first noticed the problem.