Shares of Pandora were plunging as much as 19 percent in after-hours trading Tuesday after the Internet music company reported a third-quarter net profit but warned that it would lose money in the current quarter.
Via Joanna KIRK
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Rescooped by Jérôme Rastoldo from New Music Industry onto Music business |
Shares of Pandora were plunging as much as 19 percent in after-hours trading Tuesday after the Internet music company reported a third-quarter net profit but warned that it would lose money in the current quarter.
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From
evolver.fm
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May 6, 6:44 PM
"Record labels used to hire “A&R people” — typically lucky 20-somethings who went out to see music every night of the week on expense accounts – to identify and sign the next big thing in music. I used to know some of them, and it seemed like they were having as much fun as you’d imagine they would." Delete the scoop?
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New IFPI report: A&R spending represents 16% of global recorded music revenue... Delete the scoop?
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