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 →