Pandora’s Long-Time CEO Joe Kennedy Abruptly Steps Down, Just As It Starts Making Money Mobile
Hot on the heels of a relatively strong quarter for the streaming music service, Pandora has announced that its long-time CEO and President, Joe Kennedy, will be stepping down. In a statement this afternoon, Pandora said that he will "continue in his current role until his successor is named." Kennedy, who has been at the helm of the streaming music service since July 2004 and helped take the company public, and led it to a platform that now has over 67 million monthly active listeners. Pandora today has over 8 percent of total U.S. radio listening market share.
UltraViolet Now Has Over 9M Accounts, Smart TV Buyers To Get 10 Movies Free In 2013
Today at the official first-day keynote of CES 2013, CEA President and CEO Gary Shapiro introduced a group of Hollywood studio executives to announce a new partnership between UltraViolet, the digital movie locker service designed to help move movie sales to a multi-device future, and TV and Blu-ray player manufacturers. Warner Home Video President Ron Sanders also shared some stats on the service's progress: It now has more than 9 million accounts, and expects to pass the 10 million mark sometime in the next few months.
The Americas: Argentina: General Strike Is Challenge to President
Farmers, bankers and train operators joined a powerful truck drivers’ union on Tuesday in the first nationwide general strike since President Cristina Fernández de Kirchner came into office in 2007.