Pandora’s growth flattened out in January, but Internet radio will continue to grow in 2013 and beyond.
Pandora, the most popular Internet radio service in the U.S., saw its listener hours remain at 1.39 billion for the second straight month, while its number of active listeners dropped to 65.6 million from 67.1 in December. Pandora’s monthly active listener growth had stalled once before — it fell from 1.1 billion to 1.08 billion in June 2012 but rebounded to 1.16 billion the following month.
The entire Internet radio market got a favorable forecast in a new report by eMarketer.
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