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Sirius Buys Pandora. Siriusxm buys pandora to step up streaming music wars. The deal calls for siriusxm to pay the equivalent of $10.14 a share for pandora, which rose 8.6 percent in premarket trading monday.
As of now, there are no expected changes to either subscription service — even the names will stay the same. With the recent addition of pandora, the largest streaming music provider in the u.s., siriusxm reaches more than 100 million people with its audio products. Subscription radio giant siriusxm has announced that it’s acquiring music streaming service pandora in a deal valued at $3.5 billion.
SiriusXM is buying Pandora in 3.5 billion deal
Sirius xm buys chunk of pandora for $480 million by adriana bello / friday, 09 jun 2017 01:35pm music services pandora and sirius xm are finally teaming up. Subscription radio giant siriusxm has announced that it’s acquiring music streaming service pandora in a deal valued at $3.5 billion. With the recent addition of pandora, the largest streaming music provider in the u.s., siriusxm reaches more than 100 million people with its audio products. Pandora will be acquired by siriusxm for $3.5 billion.