
kikipeepers asked
Thanks to the popularity of the iPhone and other smartphones, listenership has quadrupled since 2008 at Pandora, the free online radio service he founded. The private company just had its first profitable quarter and brought in about $40 million in revenue last year. It expects even more growth this year. Not bad, considering that two years ago Pandora was on the verge of shutting down over new copyright royalties that threatened to bankrupt it before a settlement was reached...

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