A healthy increase in paid subscribers helped Pandora’s total Q4 2017 revenues rise 7% to $395.3 million. Fourth quarter subscription revenue was $97.7 million, an increase of 63% over Q4 2016. The company says it now has 5.48 million Pandora Plus and Pandora Premium subscribers. They have increased their paid subs by 25 %, compared to 2016. Total listeners declined — 5.03 billion for the fourth quarter of 2017, compared to 5.38 billion in Q4 2016. Active listeners were 74.7 million at the end of the fourth quarter of 2017.
And Pandora’s unbroken string of losses continued with another $518 Million LOST in 2017. It’s a broken business model…