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Pandora acquires Ticketfly

2015-10-07 14:58:00| Telecompaper Headlines

(Telecompaper) Pandora entered into an agreement to acquire Ticketfly, a live events technology company. The move is the latest step toward achieving Pandora's mission to help artists find their audience and help listeners find the music they love. Ticketfly provides ticketing and marketing software for approximately 1,200 venues and event promoters across North America and makes it easy for fans to find and purchase tickets to events. The transaction is valued at approximately USD 450 million, subject to certain purchase price adjustments, with a nearly equal balance of cash and stock. 

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