As the markets wait to see what happens with Spotify, Pandora ($P) is now looking to explore strategic alternatives (and we're listening to"This House is on Fire" by AC/DC as we listen to this). Is this also Amazon Effect? The Apple Effect? After Rdio filed for bankruptcy not long ago and Soundcloud has taken on more debt, it's clear that the music space is still in flux with the big players crowding out the smaller guys. PS. Since we're so sick of hearing about the "Amazon Effect," we'll double down on the "Apple Effect": Fossil ($FOSL) watches appear to be feeling it.