Pandora Snags Record Ad Revenue

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On the Pandora side, advertising revenue came in at a record $1.2 billion for SiriusXM in 2019. That’s an increase of 10%. Here are all the Pandora numbers…

– Total revenue for Pandora grew 10% to $1.7 billion for the year
– Subscriber revenue increased 10% to $527 million
– Total ad-supported listener hours came in at 13.4 Billion.
– Monthly active users were 63.5 million in 2019, down from 69.4 in 2018
– Total ad-supported listener hours were 13.4 billion in 2019, down from 14.8 billion in 2018
– Pandora added 251,000 net new self-pay subscribers to its Pandora Plus and Pandora Premium service in 2019 to end the year with nearly 6.2 million self-pay subscribers.

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