The Series A crunch is hitting now. Have we even noticed?
pandodaily.com
NOVEMBER 29, 2012
As a result, Pandora is nowhere near profitable at more than $103 million in quarterly revenue, paying more than half of this sum to labels for content licenses. iOS App Store revenue still dwarfs Google Play’s, but the challenger is catching up fast. Surprisingly, the leading market for Google Play revenue is Japan, not the US.
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