Pandora Media Inc (NYSE:P) named its new chief executive officer yesterday, venture capitalist Brian McAndrews. He replaced Joe Kennedy ‘effective immediately,’ according to a report in USA Today. The company hopes that McAndrews will be able to bring in revenue from online ads and satisfy investors who have driven stock prices up even though the company is still posting a modest EPS. Pandora under pressure Pandora Media Inc (NYSE:P) was one of the first companies to offer free streaming music, also called internet radio, and it still has a large user base, but like many internet companies it has struggled to turn…
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