Pandora reports ad revenue is up, plans more commercials

Music-streaming service Pandora increased its ad revenue to $129 million in the most recent quarter, a 44% year-over-year increase, and said it plans to air more commercials going forward, including back-to-back spots instead of single ads. Pandora's stock still took a hit after its earnings announcement, as investors reacted to a wider loss and decreased third-quarter estimates.

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