PREMIUM NEWS ARCHIVE
Article from: The Washington Post
Article date: August 17, 2008
Author: Peter Whoriskey - Washington Post Staff Writer
Pandora is one of the nation's most popular Web radio services,
with about 1 million listeners daily. Its Music Genome Project
allows customers to create stations tailored to their own tastes. It
is one of the 10 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 ...
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