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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For the conscience-laden music consumer, streaming music services present an interesting quandary. By separating the concept of "legal access to music" from the age-old paradigm of "paying the artist... Delete the scoop?
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