Peter Whoriskey, Staff Writer, Washington Post

Giant of Internet Radio Nears Its "Last Stand"

August 18, 2008 at 12:00 am PT

Pandora is one of the nation’s most popular Web radio services, with about one million listeners daily. Its Music Genome Project allows customers to create stations tailored to their own tastes. It is one of the ten most popular applications for Apple’s iPhone and attracts 40,000 new customers a day.

Yet the burgeoning company may be on the verge of collapse, according to its founder, and so may be others like it.

“We’re approaching a pull-the-plug kind of decision,” said Tim Westergren, who founded Pandora. “This is like a last stand for webcasting.”

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Tagged with: Apple, iPhone, Music Genome Project, Pandora, Peter Whoriskey, The Washington Post, Tim Westergren, Web radio, Webcasting

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