The news comes just days before the company's sleek-looking iPad app is set to debut on Apple's new tablet device, extending the service's reach to yet another platform.
What makes Pandora's 50 million member achievement so incredible is that the company struggled for years with profitability, finally finding its way back from the brink of death in 2009. Now the popular service is poised to hit $100 million in revenue this year and even make its way inside 2011 auto vehicles.
As the company continues to grow, it should be interesting to watch how it stacks up against trendy music challenger Spotify, a service already making waves in the online music space across the pond. Spotify is expected to immigrate stateside in the third quarter of this year.
