music streaming

Pandora Pulls a LinkedIn, As Tech-Starved Investors Gorge on IPO

Kara Swisher in News on June 15, 2011 at 7:08 am PT

How starved are investors for high-profile, high-growth Internet companies? Hungry enough to lift the value of Pandora to just under $4 billion in an hour of trading for the first time on the New York Stock Exchange under the ticker symbol “P.”

Chris DeWolfe Likely to Step Down as MySpace CEO; News Corp. Talking to Facebook Veteran Owen Van Natta

Peter Kafka in Media on April 22, 2009 at 11:41 am PT

MySpace CEO Chris DeWolfe is likely to be on his way out of the company he helped found, and News Corp., which bought the social network in 2005, has a single potential successor in mind. Sources say that person is former Facebook COO Owen Van Natta, who is currently CEO of music start-up Project Playlist. People familiar with the matter tell me that DeWolfe and News Corp., specifically new digital boss Jon Miller, are discussing a leadership change today.