Rhapsody loses president, CFO, gets new investor

Tuesday 17 September 2013 | 09:16 CET | News
Digital on-demand music service Rhapsody International has launched a major company shake-up, with plans to lay off 15 percent of staff as it "rebalances and restructures" US operations and invests in Europe and emerging markets. Jon Irwin will step down as president and continue as a strategic advisor. Ethan Rudin will take the role of CFO, succeeding Adi Dehejia. The plan was launched after Columbus Nova Technology Partners (CNTP) signed a deal to become a "significant shareholder" in Rhapsody International, known as Rhapsody in the US and Napster in Europe. Jason Epstein and Andrew

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Internet / Mobile & Wireless
Companies: Napster / Rhapsody
Countries: World
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


RealNetworks doubles stake in Napster to 84%

Published 24 Jan 2019 15:29 CET | World
RealNetworks announced that it has acquired debt and equity interests in Rhapsody International, the holding company for Napster, ...

Rhapsody to change name to Napster

Published 16 Jun 2016 08:52 CET | World
Digital music service Rhapsody is changing its name to Napster. Rhapsody said there will be no change to its service otherwise, ...

Telefonica partners with Napster owner Rhapsody

Published 16 Oct 2013 16:05 CET | Brazil
Telefonica Digital and Rhapsody International have announced a wide-ranging strategic partnership that will convert Rhapsody's ...

Rhapsody selects BilltoMobile for mobile payment services

Published 11 Sep 2013 20:30 CET | World
Mobile commerce services provider, BilltoMobile has been selected by Rhapsody to provide mobile payment services for its premium ...

Napster moves into 14 more European countries

Published 04 Jun 2013 08:49 CET | Europe
Subscription music streaming service Napster, a Rhapsody International subsidiary, has extended its presence to 14 more European ...

Rhapsody, MetroPCS partner for mobile music offer

Published 17 Jan 2013 20:25 CET | United States
Digital music service Rhapsody has announced it has introduced a new mobile music offer with US mobile operator MetroPCS. ...

Rhapsody to challenge Spotify in Europe in Q2 - CEO

Published 14 Jan 2013 10:09 CET | Europe
US music subscription Rhapsody plans to launch in 16 more European countries in the second quarter, CEO Jon Irvin told GigaOM at ...

Deezer launches free music service, seeks US partner

Published 24 Dec 2012 08:15 CET | World
French online streaming music portal Deezer has launched an advertising-supported free service in over 150 countries and is ...

Spotify reaches 1 mln paid subscribers in US

Published 07 Dec 2012 11:36 CET | United States
Spotify has reached over 1 million US subscribers, 16 months after its launch in the US. This takes Spotify's total base of ...