Pandora is the world's most powerful music discovery platform, offering a
personalized experience for each of our listeners wherever and whenever they
want to listen to music--whether through earbuds, car speakers or live on stage.
Our vision is to be the definitive source of music discovery and enjoyment for
billions. Pandora is available as an ad-supported service or as a subscription
service, which we call Pandora Plus. The majority of our listener hours occur on
mobile devices, with the majority of our revenue generated from advertising on
our ad-supported service on these devices. We offer both local and national
advertisers the opportunity to deliver targeted messages to our listeners using
a combination of audio, display and video advertisements. We also generate
revenue from subscriptions to Pandora Plus. Founded by musicians, Pandora also
empowers artists with valuable data and tools to help grow their careers and
connect with their fans.