'Pandora seeking buyers'

'Pandora seeking buyers'

Tech February 12, 2016 10:21

- The streaming service Pandora is open to a possible takeover. That reports The New York Times.

The company is according to insiders in talks with Morgan Stanley to see if there are potential buyers for the company. The talks are still at an early stage and Pandora could also decide to forgo a sale.

Pandora is one of the most widely used streaming services in the US, but new figures Thursday showed that competition wegsnoept active users. Although there always are currently 81.1 million users (81.5 million a year earlier), appear less active, the share of Pandora lost in three months, 60 percent of its value.

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