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Pandora Acquiring Pieces of Rdio

Pandora will acquire "several key assets" from on-demand streaming service Rdio. The deal, which will cost Pandora $75 million, is contingent on Rdio filing for bankruptcy. According to the press release, Pandora will acquire "technology and talent" and will wind down the Rdio-branded service. http://www.hollywoodreporter.com/news/pandora-acquire-pieces-rdio-840718 #EntertainmentBiz

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