It is far from the first such report that pay-radio operator SiriusXM is interested in investing in streaming music service Pandora, but this time Reuters is reporting that the previous reports were correct, although now SiriusXM is attempting a variation on the acquisition plan.

Liberty Media owns SiriusXM and the news organisation is saying that this time the negotiations involve SiriusXM making a private investment in Pandora.  Earlier discussions for a full acquisition were not successful.

Last month private equity firm KKR agreed to invest $150 million in Pandora but gave the music streamer 30 days to find another investor.

That deadline expires today June 8th, although Reuters stresses that the deal is by no means certain.

Other posts by :

1. Bank: AST SpaceMobile will orbit 356 satellites by 2030
2. SpaceX launches 600th rocket
3. Starlink: 10m customers and counting
4. SES predicts end of ‘big’ Geo satellites
5. Amazon Leo gets approval for 4,504 extra satellites
6. SpaceX gets a portion of India
7. TerreStar wants to build LEO network
8. Musk: “No Starlink phone”
9. Russia accused of eavesdropping on satellites

Categories: Articles, Business, Digital Radio, M&A