Pandora raises $480M from SiriusXM, sells Ticketfly to Eventbrite for $200M

 SiriusXM just announced they will be investing $480M in cash into Pandora, which will give them a ~16% stake in the company on an as-converted basis.
While it’s not an full acquisition like was once rumored, this will give Pandora a much needed cash injection, as well as a strategic partner experienced in the radio business that might help steer it to more growth in a very competitive… Read More

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