CNN Money reports in an online world saturated by struggling streaming music services, Internet radio site Pandora appears to be making all the right moves.

Last year, the 10-year old company recorded its first profitable quarter, doubled its subscription base to more than 40 million users and took in $50 million of revenue. The company also announced several new partnerships that allow users to take Pandora with them in the car and on the TV.  Insite read: CNN Money.