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Pandora Media was acquired by SiriusXM.
Brief
P

Pandora Media

Pandora delivers highly personalized audio advertising at scale using first-party listener data and Music Genome Project insights, enabling brands to reach targeted audiences across the largest ad-supported streaming radio platform in the US.

Oakland, California, United StatesFounded 2000

Last updated Jun 1, 2026 by ATDb automated enrichment · Connections updated Jun 8, 2026

Industry
Audio Advertising & Streaming Media
Business Model
Marketplace
Target Market
Enterprise
Employee Count
1001-5000
Funding
$56M
Revenue Range
$1B–$2B
Stock Symbol
P
Parent Company
SiriusXM Media
API Available
Limited
Market Position

Leading ad-supported internet radio and streaming platform in the US, operating as a major brand within SiriusXM's audio entertainment portfolio

Overview

Pandora Media is one of the most influential companies in the history of digital audio, having launched in 2000 as an internet radio service built on the proprietary Music Genome Project — a sophisticated music analysis system that maps songs across hundreds of musical attributes to deliver highly personalized listening experiences. At its peak, Pandora commanded over 80 million active listeners in the United States, making it the dominant force in streaming audio and a critical channel for audio advertisers seeking targeted, engaged audiences at scale. In the AdTech ecosystem, Pandora developed a robust advertising platform offering audio, display, and video ad formats with deep audience targeting capabilities derived from its rich first-party listener data. Its programmatic audio advertising infrastructure, including the Pandora Audience Explorer and self-serve ad tools, allowed brands to reach listeners based on demographics, music preferences, location, and behavioral signals. This made Pandora a foundational player in the emerging programmatic audio advertising market, competing directly with Spotify and iHeartRadio while also pioneering formats like sequential audio storytelling and branded stations. SiriusXM acquired Pandora in February 2019 for approximately $3.5 billion, combining satellite radio's subscriber base with Pandora's massive free, ad-supported streaming audience. Today, Pandora continues to operate as a distinct brand within the SiriusXM portfolio, offering both its free ad-supported tier and Pandora Plus and Pandora Premium subscription tiers. The combined entity represents one of the largest audio entertainment companies in North America, with Pandora's advertising capabilities integrated into SiriusXM's broader media and advertising offerings.

Products & Features

Pandora Ad Studio

Self-serve audio advertising platform allowing brands to create, target, and launch audio ad campaigns with access to Pandora's first-party listener data

Music Genome Project

Proprietary music analysis engine mapping hundreds of musical attributes to power personalized station and playlist recommendations

Pandora Audience Explorer

Audience targeting and insights tool enabling advertisers to reach listeners based on demographics, music tastes, location, and behavioral data

Pandora Premium

On-demand subscription streaming tier offering ad-free listening, offline playback, and full catalog access

Pandora Plus

Mid-tier subscription offering ad-free radio with enhanced skip limits and offline listening

Branded Stations

Custom-curated branded radio stations created in partnership with advertisers to drive brand affinity and engagement

Programmatic Audio Advertising

Automated buying and selling of audio ad inventory through programmatic channels including private marketplace deals

Key Features
Music Genome Project-powered personalizationFirst-party audience data targetingAudio, display, and video ad formatsSelf-serve Ad Studio platformProgrammatic audio ad buyingSequential audio storytelling ad formatsDemographic and behavioral audience segmentationCross-device listener reachBranded station creationReal-time campaign reporting and analytics
Use Cases
National brand audio advertising campaignsTargeted local and regional audio ad deliveryProgrammatic audio inventory buyingBranded content and sponsored station activationsAudience retargeting across streaming sessionsSequential audio storytelling campaignsMusic-based demographic audience targetingCross-platform audio and display campaign execution
Customer Segments
National brand advertisersLocal and regional businessesMedia agencies and trading desksMusic streaming subscribersRecord labels and music marketersProgrammatic advertising buyers
Corporate history
  • 2000Founded
See integrations with Pandora Media (7)

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