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Pandora is a subscription-based music streaming service owned by the broadcasting corporation Sirius XM that is based in Oakland, California in the United States.The service carries a focus on recommendations based on the "Music Genome Project", which is a means of classifying individual songs by musical traits such as genres and shared instrumentation.
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Music Unlimited: Replaced by PlayStation Music powered by Spotify. [96] 29 March 2015: Musicovery: Shut down the interactive radio service and now a music playlist supplier. 2 January 2017: Electric Jukebox: Succeeded by ROXi: 1 August 2017: WiMP: Integrated into Tidal [97] 23 March 2015: Simfy: Shut down. Temporarily, the website referred ...
In September 2018, the company agreed to purchase the streaming music service Pandora, [6] [7] and this transaction was completed on February 1, 2019. [8] Since then, SiriusXM has grown to be the largest audio entertainment company in North America. [9] As of July 12, 2022, SiriusXM had approximately 34 million subscribers. [2]
Revenue from music streaming services had more than doubled since 2017, and the estimated number of users of paid services was 667 million in 2023 [67]. [68] In 2019, streaming services accounted for the majority of music revenue globally for the first time. [5]
"Music Genome Project" is a registered trademark in the United States. The mark is owned by the company Pandora Media, Inc. [5] The Music Genome Project is covered by U.S. patent 7,003,515 which shows William T. Glaser, Timothy B. Westergren, Jeffrey P. Stearns, and Jonathan M. Kraft as the inventors of this technology.
In 1999 he started Pandora Media along with co-founders Will Glaser and Jon Kraft. The Oakland, Calif., company went public in 2011, [ 3 ] reporting $138 million in revenue that fiscal year. As an early project, Westergren and Glaser created the Music Genome Project , a mathematical algorithm to organize music. [ 1 ]