Amid IPO Reports, Pandora Adds Two Big Media Names To Board

Pandora, which is widely expected to go public this year, has added two big-name media executives to its board: Former News Corp (NSDQ: NWS). COO Peter Chernin (who most recently has been launching a new media company targeting Asia) and former Netflix (NSDQ: NFLX) CFO Barry McCarthy (who stepped down after 11 years at the company in December) are joining the streaming radio service’s board.

Pandora’s board, which already had 12 members, was previously heavy on representatives of the company’s venture capital backers; we’ve asked the company if any existing board members are stepping down. (Sidenote: As a commenter notes below, the Pandora board has no female representatives on it, an unfortunate characteristic it shares with some other high-profile Silicon Valley companies).

The company is expected to file to go public in the coming months in an offering that is expected to bring in $100 million. Last we heard, the company was on the verge of choosing bankers to lead the offering.