Pandora co-founder and CEO Tim Westergren plans to step down from his position running the 17-year-old streaming music pioneer. The company has yet to select a replacement. Earlier this month, satellite company Sirius XM announced it would invest $480 million in the web radio service for a 19 percent stake in the company and three board seats. Despite a user base of 80 million, “Pandora has struggled to generate enough advertising revenue to cover the cost of the free service,” reports Recode. “Meanwhile, music listeners have begun gravitating to the on-demand subscription services of Spotify, Apple and others, which offer ad-free access.” Continue reading Westergren to Step Down as CEO of Music Service Pandora

Music streaming service SoundCloud intends to make music discovery easier through its new “Stations” feature for iOS and Android apps. Stations can create an endless playlist of music based on a search term or track. The new feature populates these stations with songs related to a user’s “Likes” on the streaming music platform. Users have long sought such a feature to make discovery easier. SoundCloud’s latest update makes it more comparable to paid streaming services like Pandora, Apple Music and Spotify. Continue reading SoundCloud Debuts New ‘Stations’ Feature for its Mobile Apps

A week before Apple was set to unveil its streaming music service, Google came out with a free, albeit limited, version of Play Music, which began as a $9.99-a-month subscription service in 2013. Google is offering the service to lure more listeners to its subscription version, which loses potential customers when they are asked to input credit card information. Whether this strategy pays off is unclear, and some industry analysts wonder if Google is cannibalizing its own services or amping up its music creds in a competitive streaming music environment. Continue reading Google Amps Up Competition with Free Version of Play Music