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RAIN 1/13: Pandora profits in Q4, will focus on listening outside the web

Posted on: 01/13/2010

PANDORA SEESDEVICE-AGNOSTIC INTERNET” AS FERTILE GROUND FOR GROWTH

Pandora CTO Tom Conrad told tech blogger Om Malik, “We became profitable for the fourth quarter of 2009, and now we’re shooting for profits for the entire 2010 [period].”

With the web accounting for 20% of total radio listening, Conrad explained to Malik, the company is now targeting the “80% of the opportunity” represented outside the browser, or the “device-agnostic Internet.”

Beyond the popularity of handheld mobile devices (Pandora gets 30% of its listening via mobile), Pandora is becoming more widely-available on Blu-ray players, HDTVs, home devices like the Sonos, and (as reported in RAIN) in automobile systems from Ford, Alpine and Pioneer.

“The high-volume products are only just hitting the market,” Conrad told Malik. Pandora will soon be available in devices made by LG, Samsung, Sony, Sanyo, Haier, Divx, Toshiba and Panasonic. Read Malik’s blog entry here. The Pandora “device collage” image is from the blog as well.

CERTAIN WEBCASTER ROYALTY SETTLEMENTS REQUIRE ELECTION NOTICE BY 1/31

To be continue being covered by the rates in many royalty settlements, webcasters must file an election notice with SoundExchange by January 31. Industry attorney David Oxenford writes at his Broadcast Law Blog that “SoundExchange does not send out reminders of these obligations, so Internet Radio operators must remember to make these filings on their own.”

He also reminds webcasters that January 31 is the date when annual minimum fee payments are due — so even if a webcaster isn’t required to send a notice, 1/31 is still an important date. Oxenford (pictured right) has links to all the necessary forms and information — broken down by each royalty settlement — as well as further details here.

THE ONION’S HIGHLIGHTS FROM CES

Satire site/newspaper The Onion compiled its own list of new product highlights “introduced” at this year’s Consumer Electronics Show in Las Vegas. We recommend you click through to read it yourself. Our favorites include the Panasonic Alarm Fax 2000, the Radioshack Big Sack of Adapters and The Onion’s take on Ford’s Internet-connected dashboard. See it here.



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