Life is seemingly never boring for Pandora (NYSE:P). If investors (or, more likely, sell-side analysts) aren't openly fretting about mobile monetization and listening hours or the threat that is (or isn't) Apple (Nasdaq:AAPL), they're worried about Pandora's content acquisition costs. While there of course many uncertainties regarding what Pandora will look like in a few years' time, the company is not just sitting back and waiting for the future to arrive. As seen in the company's decision to buy a terrestrial radio station, Pandora is willing to take off the gloves and get its hands dirty to build a viable long-term business.
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http://www.investopedia.com/stock-analysis/061213/pandora-ups-stakes-brewing-royalty-battle-p-aapl-cbs-ccmo-cmls.aspx
Investopedia: Pandora Ups The Stakes In A Brewing Battle Royal(ty)
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