Pandora CEO Kennedy: Not Afraid Of Apple
January 8, 2013

Speaking at the Citi Global Entertainment, Media and Telecommunications Conference in Las Vegas on Monday, Pandora CEO Joe Kennedy said his company is not worried about potential competition from Apple, which is expected to launch its own music streaming service in 2013. When asked if he was worried Apple would drop Pandora from its devices if it launched its own competitor, Kennedy said, "We have made Pandora a de facto must-have for any Internet-connected device," according to the Hollywood Reporter.

"I don’t think we have any fear of losing distribution on any of the IOS platforms," Kennedy added. "That would be suicidal for Apple to remove Pandora from its platforms. That would probably be the greatest gift they could give to Google and Samsung. So, if Apple were to do something, they’d have to compete with us straight up."

Kennedy added that Pandora is fully focused on music, and has no plans to add any talk, comedy or other spoken word formats to its offerings. He also discussed in-car audio as a growth market for Pandora, saying only one million of its users currently are from in-car listenership.

"Fundamentally, the Internet is just beginning to reach all of those places where consumers historically listen to radio. Almost half of all radio listening is historically in the car," Kennedy said, according to THR. "A million is a pretty good milestone. Obviously, given our scale of 67 million regular listeners, that’s still a relatively small piece of the puzzle. But that is a snowball that will continue to grow and continue to grow and become material in some number of years."

Also on Monday, Pandora announced a new integration deal with Chrysler and released its own audience metrics for December 2012, reported that its listener hours for last month were 1.39 billion, up 54 percent from December of 2011.




 
Breaking News
eQB NOW
The Week In Review: 10/20-10/24
Beasley Broadcast Group Issues Third Quarter Results
Pandora Reports Q3 2014 Financial Results
Deezer Acquires Stitcher
In Brief - October 24, 2014
October 23, 2014
Nielsen Reports Third Quarter 2014 Results, Announces $1B Share Repurchase Authorization
iHeartRadio Now Available For Use In Apple's CarPlay
In Brief - October 23, 2014
October 22, 2014
Pandora AMP Allows For "Large Scale" Artist Analytics
Spanish Broadcasting System Names Eric Garcia Radio Revenue Chief, GM, New York Market
The Conclave To Honor Ginny Morris With The Rockwell Award
In Brief - October 22, 2014
October 21, 2014
Report: Ron Fair Departs Virgin Records
Adobe, Nielsen To Create Comprehensive Measurement Platform For Digital Content
DMR/Interactive Names Doug Smith VP/Marketing Strategy
Triton Digital's August 2014 Ranker: Major News Events Show Impact On Top 20 Streaming Audio Markets
October 20, 2014
iHeartMedia San Francisco Names Mark Adams PD of KYLD & KIOI
Premiere Networks Promotes Claudine Cazian To VP/Programming & Branded Entertainment
Entercom Names Carlos Lamadrid VP/National Sales, Strategic Partnerships
Pandora Hires Steve Bené As General Counsel
In Brief - October 20, 2014
October 17, 2014
In Brief - October 17, 2014
The Week In Review: 10/13-10/17
October 16, 2014
Music News
Taylor Swift Talks Pop Genre, 1989 & More
The Week In Review: 10/20-10/24
Quick Hits: The Grammys, Sam Smith, Foo Fighters, The Grateful Dead
Taylor Swift Reveals Songs of 1989
One Direction Goes "On The Road Again"
Quick Hits: American Music Awards, Justin Timberlake, New Now Next Awards, Foo Fighters, Jake Miller, ShipRocked
Florida Georgia Line, Bob Seger Lead Sales Chart
Quick Hits: Taylor Swift, Foo Fighters, Gwen Stefani, Cold War Kids
Charli XCX, Haim and More Contribute to Hunger Games
Quick Hits: Meghan Trainor, Smashing Pumpkins, Milky Chance
U2 Sits Down For Intimate Radio Special
Quick Hits: Coldplay, Gwen Stefani, Foo Fighters, Dropkick Murphys, Madisen Ward and the Mama Bear
One Direction Reveal Four Tracklist
The Week In Review: 10/20-10/24
Quick Hits: Iggy Azalea, U2, Snoop Dogg / Pharrell, iHeartRadio Fiesta Latina
FMQB NOW

Christopher K
APD/MD, KDND & KUDL
Sacramento

Advertisement:
Search FMQB.com
Advertisements:
FMQB Member Login
Email:
Pass:

Save
Not a member yet?
Sign up Now!
Sign Up for Breaking News!
Enter FMQB E-Tracking!