And the latest? Apple's proposed subscription percentages could be complicating Pandora's IPO plans, according to the New York Post. “I think it could delay the Pandora IPO," a source with connections to the underwriters of the offering shared. “Apple has crossed the line. They are either going to have to walk this back, or face enforcement action or a lawsuit."
Funny, because Apple is a major reason why Pandora is so big today. Indeed, most of Pandora's recent boom happened on the iPhone, iPad, and iPod touch, though most of the action is on the free side. Still, subscriptions remain an emerging revenue source, and the Apple problem may affect investor sentiment. That is, even if the the material impact is minor at the onset.
Meanwhile, digital music subscription services have been howling against the subscription percentages, though it remains unclear exactly what Steve Job was referring to. The latest rumor suggests that only publishers—ie, magazine and newspaper publishers—would be subject to the 30 percent charge. Let's see.
Funny, because Apple is a major reason why Pandora is so big today. Indeed, most of Pandora's recent boom happened on the iPhone, iPad, and iPod touch, though most of the action is on the free side. Still, subscriptions remain an emerging revenue source, and the Apple problem may affect investor sentiment. That is, even if the the material impact is minor at the onset.
Meanwhile, digital music subscription services have been howling against the subscription percentages, though it remains unclear exactly what Steve Job was referring to. The latest rumor suggests that only publishers—ie, magazine and newspaper publishers—would be subject to the 30 percent charge. Let's see.
