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FILE - In this Tuesday, July 6, 2010, file photo, Tim Westergren, chief strategy officer & founder of Pandora, arrives to the annual Allen & Co. Media conference in Sun Valley, Idaho. On Tuesday, June 27, 2017, Pandora, which is facing increasing competition from online music rivals Spotify and Apple Music, announced its CEO Tim Westergren has stepped down. (AP Photo/Nati Harnik, File)

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Trader Daniel Ryan, left, and Robert Charmak work at the post that handles Pandora on the floor of the New York Stock Exchange, Tuesday, June 27, 2017. Pandora, under intensifying pressure from Spotify and Apple Music, said Tuesday that CEO Tim Westergren has stepped down from that role. (AP Photo/Richard Drew)