Interestingly, Sirius generates a lot of cash; $1.88 billion in cash from operations and a free cash flow of $1.525 billion in 2018. Conversely, Spotify reports an annual free cash flow of $105.75 million and an operating cash flow of $395.40 million for 2018.Read more
Disturbingly, increased pollution from Affordable Clean Energy could kill 470 to 3,600 people by 2030, The New York Times claims. In detail, weakened pollution standards will put more pollutants in the air. Theoretically, those pollutants could cause premature deaths by creating heart and lung problems.
Plus, the increased pollutants could lead to 15,000 new cases of upper respiratory problems like bronchitis. Hence, increased healthcare costs will eat up any economic benefits “clean coal” creates.
In other words, Trump’s criminal energy policy could sicken and kill Americans long before global warming’s worst effects set in. Then to add injury, taxpayers will foot the bill in the form of higher Medicare and Medicaid costs. If that is not criminal I do not know what is.
Given these realities it is hard to see how digital audio providers can survive as independent companies. Sooner or later Pandora will have to be acquired by somebody just to stay in business.Read more
One of the biggest black holes in digital entertainment these days is Pandora Media (NYSE P). Pandora has managed to attract around 79.4 million active listeners by giving music away for free. The problem is that Pandora has to pay for the music it gives away for free.Read more