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Q2 2015

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Pandora blames Apple Music launch for low listener growth, but says impact was ‘muted’


Eddy Cue and Jimmy Iovine at Code Conference via Re/code

Pandora is announcing its Q2 2015 financial results today and as expected blamed the launch of Apple Music in June for low growth in listeners and an overall loss vs last quarter. While the company confirmed that it did indeed witness lower than normal growth numbers for the quarter, it described the overall impact of Apple Music as “muted”: