Tag Archives: Pandora

Top 20 Acquisitions for October 2015

Deal No.Amount Paid (USD)CompanyInvestor/BuyerSectorDeal Type
2$3,000,000,000Aruba NetworksHewlett-PackardHardware & InfrastructureAcquisition
4$1,400,000,000Electronic Funds SourceWEXTransactionsAcquisition
5$1,200,000,000VirtustreamEMCSoftware & ServicesAcquisition
6$910,000,000Altegra HealthEmdeonTransactionsAcquisition
8$810,000,000TrustwaveSingtelSoftware & ServicesAcquisition
9$687,000,000Menulog GroupJust EatTransactionsAcquisition
11$589,000,000Yemeksepeti Delivery HeroTransactionsAcquisition
12$500,000,0001010dataAdvanceSoftware & ServicesAcquisition
13$453,000,000LancopeCiscoSoftware & ServicesAcquisition
16$360,000,000Ticket MonsterKKR ConsortiumEcommerceAcquisition
17$350,000,000Annapurna LabsAmazonSoftware & ServicesAcquisition
18$343,000,000Business InsiderAxel SpringerMediaAcquisition
19$280,000,000Travelocity ExpediaTransactionsAcquisition

More information

  1. Verizon Agrees to Buy AOL for $4.4 Billion (Wall Street Journal)
  2. HP to acquire Aruba Networks for about $3B (CNBC)
  3. LinkedIn to Acquire Lynda.com for $1.5BN (FinSMEs)
  4. WEX to Buy Electronic Funds Source From Warburg Pincus for $1.4 Billion (The Wall Street Journal)
  5. EMC Continues Shift To Cloud With $1.2B Virtustream Purchase (TechCrunch)
  6. Emdeon to Acquire Altegra Health for $910M (FinSMEs)
  7. PayPal to Acquire Xoom for $890M (FinSMEs)
  8. Singtel buys US cybersecurity firm for US$810M (Tech In Asia)
  9. Just Eat Snaps Up Menulog For $687M To Enter Australia And New Zealand (TechCrunch)
  10. Expedia gives up on China partner, sells off $671M majority stake in eLong (Tech In Asia)
  11. Delivery Hero Eats Up Turkey’s Yemeksepeti For A Record $589M (TechCrunch)
  12. Advance Acquires 1010data for $500M (FinSMEs)
  13. Cisco Beefs Up Security, Buys Lancope For $453M (TechCrunch)
  14. Pandora to Acquire Ticketfly for $450M (FinSMEs)
  15. Rakuten Buys Ebook And Audiobook Platform OverDrive For $410M (TechCrunch)
  16. Groupon Sells 46% Of Korea’s Ticket Monster To KKR Consortium For $360M (TechCrunch)
  17. Amazon buys secretive chip maker Annapurna Labs for $350 million (Extreme Tech)
  18. Axel Springer Acquires Business Insider (Quartz)
  19. Expedia Inc acquires Travelocity in $280 million deal (Reuters)
  20. ProSiebenSat.1 Acquires Etraveli for €235M (FinSMEs)

Pandora to become a major player in ticketing

The majority of subscribers of Pandora, the biggest name in radio music streaming, would rather listen to music for free. But now the company is hoping that these listeners will shell out some cash to hear live music. Pandora is now venturing into the lucrative world of events promotion and ticketing by acquiring Ticketfly, the biggest independent ticket retailer in the US for $450 million in stock and cash. It’s a match made in music heaven. The deal gives Pandora a chance to create an ecosystem that bridges streamed music and live events. In addition to playing music for its subscribers, it can now generate more money by selling tickets for live concerts and provide a potential financial benefit for artists. This kind of integration delivers a seamless service not being offered by other music streaming companies. This deal follows Pandora’s acquisition of the Next Big Sound, an online music analytics platform that tracks artists in May of this year.

Streaming the future


Streaming the future

Last week, rumours circulated that Apple is buying Beats Electronics for a massive $3.2 billion. Beats Electronics founded by legendary music producer Jimmy Lovine and rapper Dr Dre, produce trendy headphones and a streaming music service. If negotiations pan out, it would be Apple’s largest acquisition to date. So why would Apple shell out billions for Beats? Music-industry data shows that after years of steady growth, digital-music downloads around the world started declining last year as people turned to Spotify, YouTube and Pandora Media. The iTunes music store is one of Apple’s favourite treasures, and its income, relevance and dominance must be protected at all costs.

How does this arms race all end? Our prediction is that increased competition (with some big players at the table) will mean two things; continued revenue and margin decline for artists, and continued cost savings for consumers as service providers fight to grab market share.