Pandora is one of the most interesting stocks because of the market. Apple Music is way ahead of them, the market is super competitive. However, Pandora shows good results. During the quarter, we continued to produce record results with consolidated revenue reaching $336.2 million, an increase of 25% over the same quarter last year. For the year, we crossed over the $1 billion revenue mark and closed 2015 with consolidated revenue of $1.164 billion, representing 26% growth year-over-year on a GAAP basis, and 28% on a non-GAAP basis. They also announced that they are reviewing selling the company. Their operating metrics are absolutely brilliant: We reach more than 80 million active users and engagement continues to grow, now at approximately 22 hours a month per user, the highest of any U.S. mobile application and more than double the next closest music service. And our footprint extends over a 100 million mobile phones, over 1,700 consumer electronic devices and into more than 190 car models through native in-dash integrations. But their margins are awful. Their net loss was around $160M las year, compared to $30M loss the year before. I'm not sure that they will be able to break this trend.