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Wednesday, May 08, 2013

Pandora Announces April 2013 Audience Metrics

Pandora Announces April 2013 Audience Metrics

OAKLAND, Calif., May 7, 2013 /PRNewswire/ -- Pandora (NYSE: P), the leading internet radio service, announced today new metrics that were reached in the month of April 2013.


-- Listener hours for Pandora during the month of April 2013 were 1.31
billion, an increase of 24% from 1.06 billion during the same period
last year.
-- Share of total U.S. radio listening for Pandora in April 2013 was 7.33%,
an increase from 5.95% at the same time last year.
-- Active listeners were 70.1 million at the end of April 2013, an increase
of 35% from 51.9 million during the same time period last year.
(Logo: http://photos.prnewswire.com/prnh/20110615/SF20192LOGO)

Pandora launched a 40-hour mobile listening limit in March as a strategic move to balance monetization and rising royalty costs. The impact of this strategy - maintaining audience growth while slowing listener hour growth - has been in-line with company expectations.

Pandora is releasing key audience metrics on a monthly basis to provide the most current information regarding Pandora's users and usage across platforms.

ABOUT PANDORA
Pandora (NYSE: P) gives people music and comedy they love anytime, anywhere, through connected devices. Personalized stations launch instantly with the input of a single "seed" - a favorite artist, song, or genre. The Music Genome Project(®), a deeply detailed hand-built musical taxonomy, powers the personalization of Pandora(®) internet radio by using musicological "DNA" and constant listener feedback to craft personalized stations from a growing collection of more than one million tracks. Tens of millions of people turn on Pandora every month to hear music they love. www.pandora.com



SOURCE Pandora

Photo:http://photos.prnewswire.com/prnh/20110615/SF20192LOGO
http://photoarchive.ap.org/
Pandora

CONTACT: Mollie Starr, Pandora Communications and Public Relations, press@pandora.com, +1-510-842-6996, or Dominic Paschel, Corporate Finance and Investor Relations, investor@pandora.com, +1-510-842-6960

Web Site: http://www.pandora.com


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