Pandora Surges on Report It's in Talks With Sirius XM

The transcript discusses Pandora's exploration of a sale, highlighting a $150 million investment from KKR and the potential for Sirius XM to acquire Pandora. Despite interest from Sirius XM, there is disagreement between Liberty Media and Sirius on the acquisition's necessity. Liberty Media's CEO, Greg Maffei, has expressed interest in buying Pandora at $10 a share. The transcript also mentions a 30-day window for a potential deal, with no clear indication of its likelihood.

What strategic options did Pandora consider after receiving the investment from KKR?

• Expanding its operations globally

• Merging with another music streaming service

• Selling itself or moving forward independently

• Launching a new product line

Which company has shown consistent interest in acquiring Pandora?

• Amazon Music

• Apple Music

• Sirius XM

• Spotify

Who was hired to assist in selling Pandora early last year?

• Goldman Sachs

• Morgan Stanley

• JP Morgan

• Bank of America

What has Liberty Media's CEO publicly stated about Pandora?

• He wants to merge Pandora with Sirius XM

• He might be interested in buying Pandora for about $10 a share

• He is not interested in Pandora

• He plans to invest $500 million in Pandora

What is the primary revenue model for Sirius XM compared to Pandora?

• Sirius XM relies on advertising, while Pandora relies on subscriptions

• Both Sirius XM and Pandora rely solely on subscriptions

• Both Sirius XM and Pandora rely solely on advertising

• Sirius XM relies on subscriptions, while Pandora relies on advertising