OAKLAND, Calif., May 7, 2013 /PRNewswire/ -- Pandora (NYSE: P), the leading internet radio service, announced today new metrics that were reached in the month of April 2013.
- Listener hours for Pandora during the month of April 2013 were 1.31 billion, an increase of 24% from 1.06 billion during the same period last year.
- Share of total U.S. radio listening for Pandora in April 2013 was 7.33%, an increase from 5.95% at the same time last year.
- Active listeners were 70.1 million at the end of April 2013, an increase of 35% from 51.9 million during the same time period last year.
Pandora launched a 40-hour mobile listening limit in March as a strategic move to balance monetization and rising royalty costs. The impact of this strategy – maintaining audience growth while slowing listener hour growth – has been in-line with company expectations.
Pandora is releasing key audience metrics on a monthly basis to provide the most current information regarding Pandora's users and usage across platforms.
ABOUT PANDORA Pandora (NYSE: P) gives people music and comedy they love anytime, anywhere, through connected devices. Personalized stations launch instantly with the input of a single "seed" - a favorite artist, song, or genre. The Music Genome Project®, a deeply detailed hand-built musical taxonomy, powers the personalization of Pandora® internet radio by using musicological "DNA" and constant listener feedback to craft personalized stations from a growing collection of more than one million tracks. Tens of millions of people turn on Pandora every month to hear music they love. www.pandora.com