Popular music streaming service, Pandora (NYSE:P), receives much attention lately, with the launch of Tidal and the expected launch of Apple's (NASDAQ:AAPL) new/refreshed streaming radio service. Many analysts, investors, and media professionals claim that Pandora is about to go out of business after every new streaming service is launched as what happened to Spotify, Google (NASDAQ:GOOG) (NASDAQ:GOOGL)-Songza, and the original iTunes Radio. This point of view is not entirely wrong, but it is not very accurate, either. Along the way, Pandora had faced severe competition from a broad range of services--from tiny apps like Jango and Indie-focused Soundcloud to Myspace and YouTube. Pandora had succeeded in continuing its growth, increasing its revenues and its number of active users. However, the new wave of streaming and curating services like Tidal, Spotify, and iTunes Radio offer a better experience and more extensive premium services than the free services mentioned above. Probably, none of these new services is a Pandora-killer by itself, but all together, they create a very intense, competitive market that will erode Pandora's revenues. Read more