The company, which has never turned a profit on an annual basis, faces intensifying competition from services such as Sweden's Spotify, Apple Inc's (AAPL.O) Apple Music and Alphabet's (GOOGL.O) Google Play Music. Naveen Chopra, who stepped in as the company's CFO back in February will be filling in the top spot as interim CEO while the board of directors looks for a permanent replacement. Now, it is also offering a full on-demand service to directly compete with Spotify and Apple Music.
But perhaps the biggest problem facing Pandora is its cash position, which was shrinking and as of March 31 with cash and short-term investments of $203 million.
Jason Hirschhorn, an influential media-industry exec, is joining Pandora's board.
Hirschhorn was previously the co-president of the once red hot social network Myspace.
"Over the past several weeks, the board has taken a number of steps to refocus and reinforce Pandora", board member Roger Faxon said in the statement. Pandora announced a $10-a-month on-demand service for listeners earlier this year.
"I believe Pandora is perfectly poised for its next chapter", Westergren says in a statement regarding the move.
The Pandora investment represents a kind of long-term insurance policy for Sirius against these market shifts.
Westergren will reportedly remain with Pandora in some capacity if he gives up his CEO seat.
Unsurprisingly, Manchester United cropped up as a topic and Fabinho was asked what Man United shirt he would wear next season. Fabinho has described the prospect of joining Manchester United as a "tempting invitation".
Down by a goal, the Indians went all out attacking in the last 10 minutes and had three clear chances to score. Going by form and ranking, world no. 6 India start overwhelming favourites against the 14th-placed Malaysians.
In practice, it would mean the DUP's 10 MPs in the House of Commons supporting the Tory minority government in major votes. Mr Grayling told BBC Radio 4's Today programme: "I don't think a change of prime minister should be on our agenda".
In a letter to staff, American chief executive Doug Parker described the Qatar plan as puzzling at best and concerning at worst. On Tuesday, Qatar Airways was named the world's best airline by Skytrax, unseating Emirates, which won the honor a year ago .
That would be bad news for the likes of Arsenal and Liverpool who have been linked with moves to bring Mbappe to England. David Trezeguet believes Kylian Mbappe needs to prove himself at Monaco , before seeking an exit.
The Court also directed the Bengal government to take immediate steps to restore peace and normalcy in the hills. He had, however, said that one person had died on Saturday, but did not specify the cause of his death.
When she moved towards the door, she was restrained by another passenger. "She ended up breaking it off", Mokwuah said. Some passengers claimed that the woman had been behaving strangely at the gate before the flight from Los Angeles.
Singh on Thursday hailed the Indian patrolling team at the border, citing that it makes it hard for the Pakistan Army to enter. The Indian Army has been retaliating strongly to the ceasefire violation in the Khari Karmara areas of the sector.
With Thomas, the Celtics didnt necessarily need a point guard which is the piece Philadelphia apparently wanted most . The 76ers will likely also have to give a few other future picks and some role players to make the move.
To deal with the funding reductions, states would have to make hard decisions affecting children's coverage and scope of benefits. The nonpartisan Congressional Budget Office said that under the House bill, 23 million fewer people would have coverage by 2026.
He was named national Coach of the Year after a ideal 12-0 season in 1975, one of two undefeated seasons for his ASU teams. In his college coaching career, Kush was the head man at Arizona State from 1958-1979, compiling a record of 176-51-1.
The Amazon-Whole Foods combination could put even more pressure on rival grocery chains and other big grocery sellers. These three have begun offering some of what Whole Foods offers, forcing the supermarket chain to cut prices.
Here's how to watch the Congressional Baseball Game
The timing - early in the morning - and the targets - seemingly Republican elected leaders - make this crime even more insidious. The hospital said he would require additional operations and said he remained in critical condition as of Wednesday evening.
Federer wins record ninth Halle title
Federer won 6-3, 7-5 last spring at the Rome Masters before Zverev pulled off a 7-6 (4), 5-7, 6-3 upset in the Halle semifinals. Federer though is undoubtedly the greatest grass player of all time, and is in the best form he has been in for quite a while.
Di Maria agrees deal in Spain over tax fraud
He is said to have defrauded the Spanish government out of £1.14million during his four-year spell at the Bernabeu. Ronaldo played for the northern English giants from 2003 to 2009, when he left for Spain .
Four-way tie at US Open as big guns crash out
Despite a flurry of late birdies it was not enough to turnaround an erratic round littered with errors and missed opportunities. Meanwhile, Leishman had raced up the leaderboard through his opening 10 holes before a double bogey at the par-4 12th.
Air Force Thunderbird Jet Has 'Mishap' on Landing in Ohio
In 2013, a stunt performer and pilot were killed during the air show when their aircraft crashed during a public demonstration. A Thunderbird F-16 was involved in an incident Friday while practicing for an OH air show, according to multiple reports.
Ronaldo summoned to court, Mourinho accused of tax fraud
Real Madrid star Cristiano Ronaldo has been summoned by the Spanish authorities as part of the investigation into his tax affairs. He has won three Champions Leagues, two La Liga titles and two Copa del Reys in his eight years in the Spanish capital.
Ready to face midterm elections, says a defiant Fadnavis
Sangma. "In the current scenario, the Sena is still out safest bet for a stable state government", a senior BJP minister said. BJP president Amit Shah has said his party has been pro-free trade and free agriculture policy since its inception.
Wind howling as final round at Erin Hills gets under way
The course had been softened by rain earlier in the week, and it finally played the way the USGA wanted in the final round. The world No. 13 stuffed his 310-yard approach shot to within 8 feet on the par-5 that stretches well beyond 600 yards.
Wife: Man who shot congressman wanted to work on tax policy
When he left, she said, Hodgkinson told her he was going to Washington , D.C.to "work with people to change the tax brackets". Here's what she said. "He said, 'I understand, ' and said he needed to take the gun to a range to shoot it, Watson said.