venturebeat_pw
Will Pandora close before the end of October?
Pandora still operating at end of October
Background:
For Pandora around 70% of its projected revenues will be paid out in royalties which is unsustainable. Tim Westergren, Pandora's founder, said "We're approaching a pull-the-plug kind of decision. This is like a last stand for webcasting."
The Washington Post has more on the story.
Settlement details:Settled as yes if Pandora closes down or restricts access to the majority of its US services by the end of October.
| Yes |
| |||
| No |
|
- Activity: H$68,671 |
- Predictions: 132 |
Comments: 3
Suspend date: Mon 20th Oct 2008 11:59pm PST
Settlement date: Sat 1st Nov 2008 5:23am PST
Prediction cut-off: Predictions on this question after Mon 20th Oct 2008 11:59pm PST have been voided because they were made after the question could be settled
Initial likelihoods: Yes: 25%
Action history:
venturebeat_pw 
newswrangler![[Power User]](http://www.hubdub.com/images/icon_superuser.gif "This user is a super user"){kind=icon}
: Flagged by super user: Suspended pending review of starting likelihoods by a category editor. 
tomg![[Admin]](http://www.hubdub.com/images/icon_admin.gif "This user is an admin"){kind=icon}
: Starting odds of 25% seem reasonable - not too low as they're venture backed, probably have cash to last that long 
pascal_charest
: Same question for iTunes have been settled (even with an ending date that was later) since the hike in rate has been avoided :
http://news.bbc.co.uk/1/hi/technology/7649770.stm
newswrangler: Winning prediction = "No"
Happily, Pandora is still producing tunes. They have laid off some employees due to the economic conditions in general, but no reduction in services whatsoever.
Suspend date: Mon 20th Oct 2008 11:59pm PST
Settlement date: Sat 1st Nov 2008 5:23am PST
Prediction cut-off: Predictions on this question after Mon 20th Oct 2008 11:59pm PST have been voided because they were made after the question could be settled details 
Get widget!Predictions (132)
foosboy
davew
predicted Yes (H$100 at 12%)
predicted No (H$100 at 89%)
mark743
predicted No (H$100 at 88%)Comments (3)
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