Pandora
OVERALL |
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Owned |
USA |
Rating |
N/A |
Music streaming service
Founded in 2000 and listed in NASDAQ in 2010, company provides music streaming by both an advertising-supported free service and a paid subscription service. They had more than 6 million songs and 55.9 million active users in 2021. Acquired by Sirius XM in 2019.
Company Ownership
Pandora Media Inc | USA | website | ||||
Sirius XM Holdings Inc
owns 100% of Pandora Media Inc |
USA | website | ||||
Radio broadcasting North America's largest audio entertainment company, with 35 million subscribers in April 2021. Acquired Pandora in 2019. | ||||||
Liberty Media Corporation
owns 72% of Sirius XM Holdings Inc |
USA | website | ||||
Mass media The company has three divisions, reflecting the company's ownership stakes in Formula One, SiriusXM, and the Atlanta Braves. |
Company Assessment
PRAISE | CRITICISM | INFORMATION | ||
Pandora Media Inc | ||||
In 2023, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to reduce greenhouse gas emissions and mitigate climate change risk. Responding companies are scored across four key areas: disclosure; awareness; management; and leadership. This company received a CDP Climate Change score of A.
Source: CDP (2023) |
Greenpeace's 2017 report 'Clicking Clean' looks at the energy footprints of large data centre operators and popular websites and applications, and calls on these companies to power their data centres on renewable energy. Companies are graded (A,B,C,D,F) on their commitment to and procurement of renewable energy, as well as energy efficiency, transparency and advocacy. This company's final grade was F. [Listed under Information due to age of report]
Source: Greenpeace (2017)
OpenSecrets.org tracks the influence of money on U.S. politics, and how that money affects policy and citizens' lives. Follow link to see this company's record of political donations, lobbying, outside spending and more.
Source: Open Secrets (2020)
This company received an S&P Global ESG Score of 52/100 in the Textiles, Apparel & Luxury Goods category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 18 Nov 2022). The rankings are based on an analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, environmental reporting, climate strategy, human rights and labour practices.
Source: S&P Global (2022) |
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Sirius XM Holdings Inc | ||||
This company is listed as having best practice on a report card on lesbian, gay, bisexual and transgender equality in corporate America.
Source: Human Rights Campaign (2021) |
JUST Capital polls Americans every year to identify the issues that matter most in defining just business behaviour. For their 2024 rankings the public identified 20 issues, which are organised under the headings Workers, Communities, Customers, Shareholders and Environment. JUST Capital then define metrics that map to those issues and track and analyse the largest, publicly traded U.S. companies. This analysis powers their rankings, in which this company ranked 728th of 937 companies, and 11th of 14 Media companies.
Source: JUST Capital (2024) |
In 2014 this company agreed to pay US$3.8 million and provide restitution to eligible consumers to resolve claims that the satellite radio company engaged in misleading advertising and billing practices.
Source: Illinois Attorney General (2014)
In 2022 the median pay for a worker at this company was US$133,411. The CEO was paid 53 times this amount. Exorbitant CEO pay is a major contributor to rising inequality. CEOs are getting more because of their power to set pay, not because they are increasing productivity or possess specific, high-demand skills. The economy would suffer no harm if CEOs were paid less (or taxed more). In contrast, the CEO-to-typical-worker compensation ratio was 20-to-1 in 1965 and 58-to-1 in 1989.
Source: AFL-CIO (2023) |
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Liberty Media Corporation | ||||
This company has the lowest possible score on a report card on lesbian, gay, bisexual and transgender equality in corporate America.
Source: Human Rights Campaign (2021) |
Company Details
Type | Wholly-owned subsidiary |
Founded | 2000 |
Revenue | 1.4 billion USD (2016) |
Employees | 1,938 (2019) |
Subsidiaries | Pandora Media Australia Pty Ltd
Music streaming service Australia is Pandora Media Inc's largest international office with locations in Sydney and Melbourne dealing with sales, rev ops, creative service, HR, Music Makers Group and marketing. Had 2 million registered users in Australia in 2014. |
Contact Details
Address | Oakland, California, USA |
Website | www.pandora.com |