Chris O’Brien, reporting for VentureBeat: Making one of his biggest public appearances since returning to Pandora as CEO, Tim Westergren struck a defiant tone — insisting that the company is not for sale and is, in fact, on the cusp of a reinventing itself. “We are on a path to do something big and something for the long-term,” Westergren said when asked on stage about sale rumors. “Tha’s why I got back in the saddle, so no plans for that.” Pandora, with its Internet radio format, has been a music streaming pioneer. Founded in 2000, it survived the dot-com bust and enjoyed explosive growth following the introduction of the iPhone in 2007 and the ensuing smartphone era. Pandora’s rise was capped by a big IPO in 2011. But as a public company, Pandora has struggled to show consistent profits and growth. It is often buffeted on one side by artists who claim they are not being paid fairly and on the other by new entrants such as Spotify, Apple Music, and Amazon who offer on-demand streaming services.

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Source: Slashdot – Pandora CEO: No Plans To Sell Company: On Path To Do Something Big