That’s Sooo 2000: Pandora Dumps Ticketfly Purchase, but Keeps the Integration They Could have Rented — Music Tech Solutions

All indications are that Pandora’s management seems to be raising cash and emerging from a latter-day Dot Bomb “money drunk.” The latest sign is Pandora’s sale of its Ticketfly subsidiary to Eventbrite for a reported $200,000,000. The sale comes less than two years after Pandora acquired Ticketfly for $335,000,000 in cash—a cash on cash loss of $135,000,000. And that’s a lot of streams.

via That’s Sooo 2000: Pandora Dumps Ticketfly Purchase, but Keeps the Integration They Could have Rented — Music Tech Solutions

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