Bono Elevates Pandora

BONO ELEVATES PANDORA: Elevation Partners, the private equity investment firm which includes U2’s Bono among its partners, has reportedly signed a letter of intent to acquire a significant share of “a leading online music company,” which sources have identified as Pandora. The Techcrunch website quoted a Pandora representative: “We’re aware Elevation has been interested in buying shares in the company.” Sources say the group's investment could go as high as $100 million. Earlier this week, the online broadcaster added genre-based station creation to its artist-based model, which allows it to operate more like a satellite radio service. (8/25p)

BACK TO RUMOR MILL

		UMG AND TIKTOK WORK IT OUT The kerfuffle is in the past. (5/2a) Check It Out Now LUCIAN SOUNDS OFF ON UMG/TIKTOK DEAL A breakdown from the boss (5/2a) Check It Out Now JAMES KING: THE HITS INTERVIEW (PART ONE) London calling (5/2a) Check It Out Now TOP 20: IT’S STILL TAYLOR’S WORLD Large and in charge (5/2a) Check It Out Now THE MUSIC OF CLIVE COMES ALIVE AT CARNEGIE HALL That's what friends are for. (5/1a) Check It Out Now
		THE NEW UMG Gosh, we hope there are more press releases. TIKTOK BANNED! Unless the Senate manages to make this whole thing go away, that is. THE NEW HUGE COUNTRY ACT No, not that one. TRUMP'S CAMPAIGN PLAYLIST Now 100% unlicensed!

rumor mail

Email

First Name

Last Name

Company

Country
CAPTCHA code

Captcha: (type the characters above)

By clicking submit you are agreeing
to Terms and Conditions

Bono Elevates Pandora

Modal