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May 19, 2015
NEW YORK, May 19, 2015 — Covington is advising Pandora Media, Inc., an Internet radio service, in its acquisition of Next Big Sound, Inc., a provider of online music analytics. The acquisition is expected to provide Pandora with a powerful analytics tool used by tens of thousands of music makers, labels and marketers looking for data and insights about artists and their fans. The transaction is subject to customary closing conditions.
The Covington team included Jonas Marson, Scott Smith and Megan Woodford (corporate); Carolyn Taylor and Jenna Wallace (benefits and executive compensation);Nigel Howard and Daniel Nazar (IP); Michael Lefever (securities); and Robert Heller (tax).