joining us exclusively is the ceo of pandora, tim westergren. when you were on our show last year, you were here as more of a founder, brand ambassador type. now you are ceo again. how does that change the conversation? >> i haven't been far from the company. i have been very closely involved all along. been on the board, part of the management team. i'm very excited to be back in the seat. i know this company like the back of my hand. i know the ecosystem around it. we have a very aggressive strategy ahead of us and lots to do but feel good about it. >> how are you prioritizing the companies and advertising partners you meet with this week based on where you think pandora needs to grow? >> this is the biggest ad conference of the year pretty much all our clients and agency partners are here. really for us it's focusing on a theme. we call it the attention economy. it's about time and attention. we got time on pandora. we stream more hours of music every week than youtube streams video. the next step is how do you qualify those people and get th

next hour we'll talk to vox, tim westergren of pandora and we'll manage to enjoy in the meantime. perception of the difficulty that big tech has in grabbing more of the advertising budget? because obviously there was some retrenchment and they felt a lot of them that they had to perhaps articulate their story better to shift the ads spend as much as they had hoped they would. where does the power lie in cannes this year, do you think? >> it does feel, simon, like the power is still with facebook and google. where advertisers are spending with tech companies, they are spending about 85% of it with those two companies. so it seems like the fight is actually between some of these smaller tech upstarts. you can't even call them upstarts like twitter who are trying to fight for that remaining 15% market share. that's really where the fight is. i think the big broadcasters who are here, and the traditional media companies know that everything is moving online. and so they just want to be there when the puck eventually gets there. but it's pretty clear that they're going to be fighting a

that said, tim westergren, the company's current ceo and its founder, a couple of days ago over thiss in france at a big conference asked about the possibility of a sale said the following, we're on a path to do something big. and something for the long term. and that's why i got back in the saddle. so no plans for that. meaning a sale. corvex by the way just to refresh when they did come with a 9.9% stake having elected to actually not go after board seats when the window -- before the window closed said we urge the company to immediately engage in independent investment bank with fresh perspective without any prior history of advising in terms of value, they want to maximize including execution of a sales process and to evaluate the results against other options including the risk adjusted value of continuing to operate on a stand alone basis. and they did point out that mr. westergren's public statements suggest he has no intention of comparing alternative option such a sale with the company's current state of affairs. but interesting. sirius, pandora, jim, there are others who be