PM Update: Pandora Revenue Up 150%, EMI Helps Japan, Fontana Promotion

image from www.hypebot.comHypebot publishes a morning roundup of industry news every weekday and when warranted add this PM update. For breaking news also follow @hypebot on Twitter.

  • An amendment to Pandora's IPO filing reveals that revenue for the fiscal year that ended Jan. 31, 2011 was $137.8 million, a rise of 150% from the previous year. 87%  of revenue was from ads with balance from subscriptions.
  • Coldplay, Beastie Boys and other top EMI acts unite for eBay auction to help Japan. Bid here.
  • UMG's Fontana indie distribution taps former WEA Urban Sales & Marketing VP Ray Arceneaux Jr. as Director of Marketing.


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