Rhapsody announced that its subscriber base increased by 45% over the past year. “Despite increasing competition, we continue to believe in the value of music and see our role as vital in creating experiences with music that users around the world will pay for,” said Ethan Rudin, Rhapsody’s CFO. Continue Reading
Music service Rhapsody introduced Rhapsody AUTO on Friday, and we gave it a test drive (double meaning, there) over the weekend. There’s a lot right with this new feature, designed as an in-car version of the Rhapsody app. Continue Reading
Rhapsody released a new car-focused feature for its premium subscribers. Rhapsody AUTO offers drivers more streamlined access to their music on their phones while in vehicles. This update is one way that music and mobile companies are adjusting to how people treat entertainment in their cars. Continue Reading
After teasing the new child-centric feature in early September, Rhapsody Kids has officially launched, bringing kid-friendly playlists to its streaming music platform. The new section is available now on Android for any listeners with a Rhapsody or Napster subscription. An iOS version is coming soon. Continue Reading
Rhapsody released a video teasing its newest feature: a subset of the streaming service dedicated entirely to kids. This section will feature curated playlists that are fun and child-friendly, as well as the usual discovery and browsing of available artists. Rhapsody Kids will launch on both the Android and iOS mobile versions of the service, but the only date given was “soon.” Continue Reading
BandPage and Rhapsody released some insights from their partnership into ways to generate increased revenue within digital streaming. The pair found that push notifications had a vastly higher level of engagement than Google Searches, Facebook ads, and web display advertising. These notifications were delivered to artists’ most serious fans as identified by BandPage’s data analytics services. Continue Reading
Rhapsody’s Q2 financial data revealed customer growth of 50% over the past year, exceeding 3 million subscribers. The streaming platform reached a record revenue of almost $50.1 million for the period, up from revenue of $42.4 million in the year-ago period. However, its quarterly losses also increased to nearly $12.1 million, compared with a loss of $4.7 million in the second quarter of 2014. Continue Reading
Music subscription service Rhapsody sent a notice that its Android app has been refreshed with new design and usability features. Version 5.0 includes several key changes, which we tested. Continue Reading
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The weekly update of the streaming audio industry, from RAIN News. THIS WEEK: Scripps acquires Midroll Media in first-ever deal of its kind; more. Continue Reading
Rhapsody and Napster have reached the 3 million subscriber milestone. It has been a year of fast growth for the streaming services, which announced 2.5 million listeners in February and 2 million listeners last July. Continue Reading
L.A. Reid may be making a bid for shares of Rhapsody. The chairman and CEO of Epic Records, a division of Sony Music Entertainment, is allegedly working with a private equity investment group to purchase a large share of the streaming platform. Continue Reading
Rhapsody posted a first-quarter net loss of $8.9 million, compared with a loss of $1.6 million in the year-ago period. Quarterly revenue totaled $46.3 million, up from $42 million in 2014. The SEC filing made by parent company RealNetworks, which detailed Rhapsody’s financials, did not give a reason for the higher loss during the quarter. Continue Reading