Pandora nears 6 million paid subscribers as it chases profit

In the face of stern competition from the likes of Spotify and Apple Music, Pandora managed to show some growth in its latest earnings report. Paid subscribers for Pandora Plus and Pandora Premium, the on-demand feature that launched last March, hit 5.63 million in the first quarter, up 19 percent from the same period last year.
Revenue for the quarter rose to $319.2 million, up 12 percent over the first quarter of 2017. That excludes income from the Australia and New Zealand m…
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