Rhapsody’s new CEO jumps into public view with new metrics

Rhapsody canvas 160Rhapsody International’s brand new CEO Mike Davis has been on the job for less than a week, and grabbed some public attention with a blog post announcing positive numbers for the streaming service. Here are the bullet points Davis put out:

  • Subscribers are listening to 40 percent more music on their phones compared to last year.
  • Over the past six months, the amount of time subscribers spent in the service on a weekly basis increased by nine percent.
  • In the past 90 days, listening hours increased by more than 15 percent.
  • Canada is Rhapsody International’s fastest-growing market, where Napster experienced an average subscriber growth of eight percent per week in its first three months.

Rhapsody is the great uncle of on-demand music services, launching in 2001 with a single label in its catalog — classical music purveyor Naxos. Rhapsody has weathered the shifting tides and rumbling earthquakes of the streaming audio landscape with a highly refined desktop and mobile product. “As we celebrate Rhapsody’s 15th year, I look forward to continuing our mission to build the best way to listen to, discover and share the music we all love,” Mike Davis said.

Anna Washenko

One Comment

  1. When companies only mention percentages without any baseline it always makes me think that their numbers are not good. Why not disclose actual subscribers? Churn rate? etc?

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