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Rhapsody Goes To Europe As New Music Services Compete, News Corp’s Fails

Jan 26, 2012 6:38 AM

Chasing the post-download digital music opportunity, veteran services are seeking scale to fight dominant newcomers, whilst strangers from outside the space are launching their own new services with mixed success.

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Posted In: Entertainment, Music, Companies, Apple, iTunes, Best Buy, Napster, News Corp., RealNetworks, Spotify, rhapsody

Rhapsody Now Has One Million Music Subs In The U.S. Next Stop: Europe

Dec 22, 2011 9:00 AM

It’s taken ten years, and a last leg up by way of an acquisition of a competitor, but Rhapsody says that it has finally reached one million subscribers for its music services in the U.S.

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Posted In: Entertainment, Music, Mobile, Money, Companies, Apple, Best Buy, Napster, EMI, Spotify, Verizon, Countries, Europe, UK, Germany, rhapsody

Spotify Launching Integrated Apps Within Its Platform

Nov 30, 2011 12:31 PM

Spotify CEO Daniel Ek took the stage at Spotify’s first-ever press conference to expand the music streaming service’s Facebook integration to a wider world of social networks and devices, arguing that sharing is the only thing that can save the music industry and stop piracy.

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Posted In: Apps, Entertainment, Music, Legal, Piracy, Media & Publishing, Radio, Companies, Best Buy, Napster, CBS, CBS Interactive, Last.fm, Facebook, Spotify, Countries, Europe, Sweden, daniel ek

Why Rhapsody Needs More Than Just Napster To Thrive

Oct 4, 2011 8:48 AM

Rhapsody yesterday announced the acquisition of long-term rival Napster from U.S. retailer Best Buy.  Rhapsody will retire the Napster brand and migrate the customer base over to its own service, with Best Buy gaining a minority stake in Rhapsody. It is a somewhat poignant end to one of digital music’s…

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Posted In: Entertainment, Music, Companies, Best Buy, Napster, Spotify

Former Napster President Brad Duea Surfaces At T-Mobile USA

Sep 17, 2010 8:25 PM

Former Napster President Brad Duea, who left the music-subscription service a year after Best Buy acquired the company for $121 million, has resurfaced at T-Mobile USA, a company spokesperson confirmed today.

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Posted In: Entertainment, Music, Mobile, Companies, Best Buy, Napster, Google, Android, T-Mobile

Earnings
Earnings: Napster Revenues Up 21 Percent; Net Loss Nearly Cut In Half

Feb 8, 2007 8:02 PM

Napster revenues hit a record $28.4 million for the quarter ending Dec. 31, up 21 percent from $23.5 million in the same quarter last year. The company carved away at its loss, reporting a loss of $9.5 million, or $0.22 per share, for its FY3Q07, compared with $0.40 per share…

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Posted In: Entertainment, Music, Money, Earnings, Companies, Napster

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