‘I am making this investment because I believe the company has a very promising future ahead of it’
The post Napster majority owner RealNetworks to get $10m investment from CEO Rob Glaser appeared first on Music Business Worldwide.
Category archives: RealNetworks
After Several Years, Rhapsody Napster Posts Surprising Profit
Is streaming profitable? For Rhapsody/Napster, it actually (finally) is. According to a regulatory filing by RealNetworks, Rhapsody International posted a profit of over $1.6 million in the third quarter, with a record revenue of more than $54 million. Rhapsody International owns Napster music service. This news comes several months after Rhapsody/Napster restructured their San Francisco […]
The post After Several Years, Rhapsody Napster Posts Surprising Profit appeared first on Digital Music News.