Apple files for “digital mixed tape” patent

Apple has filed a patent application for a concept of gifting “digital mixed tapes” that could be a future addition to its music department. The application suggests a system for creating customized complication albums and then gifting them to another person. These albums could include some unique features, such as revealing a track’s title only as it is played or limiting the ability to fast forward. The patent also suggests options for incorporating multimedia content to the audio experience. Continue Reading

Rhapsody posts record revenue for Q2 with increased losses

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