Pandora may spin off Ticketfly


In streaming and ticketing news, Pandora, which is struggling to become profitable, is looking to potentially sell off Ticketfly which they paid $450 million for in 2016. Ticketfly has shown strong growth in terms of revenue and profit unlike its parent. Pandora is said to be looking to spin off Ticketfly to streamline and potentially walk away with a profit on the acquisition.

 

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