The Pandora Purchase of Rdio is Complete

0

12-27-15

After seeking bankruptcy protection, Rdio discontinued it’s service on December 22, 2015. Pandora needed court approval to purchase the company for $75 million. Pandora is keeping about 100 former Rdio employees for its product, engineering and content licensing teams. The company says the purchase of Rdio will accelerate Pandora’s plan to broaden its subscription business and roll out a multi-tier product offering by late 2016.

LEAVE A REPLY

Please enter your comment!
Please enter your name here