Pandora Media (fka P)

[payperview]

Let's look at this from another perspective. If you disagree with this, let me know.

The following columns are (in the millions) for:

Total revenues, Revenues not counting Oceania and Ticketfly, Profit/(loss)

352 302 (61)
393 343 (90)
316 266 (132)
377 333 (275) Includes all those one-time charges
379 354 (66)
375 375 (20) est.

So why are these numbers so bad?
Likewise with the decline in active listeners. The decline comes from the closure of New Zealand and Australia.
Spotify is bigger only because it covers most of Europe. It is in 60 countries.

I'd like to know why this is so bad.