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Pandora Media's fourth-quarter revenue beats Street view

SAN FRANCISCO, March 7 | Thu Mar 7, 2013 4:16pm EST

SAN FRANCISCO, March 7 (Reuters) - Pandora Media Inc reported higher revenue in the fourth quarter because of a 51 percent rise in advertising sales.

The online streaming music service said on Thursday that fourth quarter revenue rose 54 percent to $125.1 million. Analysts were expecting $122.8 million, according to Thomson Reuters I/B/E/S.

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