Tag: napster

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Napster is profitable… but its revenues are falling

A profitable pureplay music-streaming service? Don’t fall off your chair in wonder at the thought. Napster is the company in question: it reported a net profit of $4.4m for the first quarter of 2018, compared to a net loss...
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Napster boss: ‘Even a 20% slice of a $20bn market is a $4bn market…’

Spotify, Apple Music, Amazon and YouTube may hog many of the streaming headlines, but Rhapsody International / Napster is still going as a global streaming service too. Its president and CEO Bill Patrizio outlined the...
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Music-streaming trends, from A&R to global/local evolution

At today’s Midem conference in Cannes, a pair of afternoon sessions at the event’s ‘Streaming Summit’ focused on some of the evolving trends around the music-streaming world. The first explored the question of...
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Napster appoints Bill Patrizio as president and CEO

Streaming service Napster has a new, permanent boss. Bill Patrizio is no stranger to the company though: he was named as interim CEO in May 2017, while retaining his position as president of consumer media at RealNetworks...
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Information is Beautiful updates its streaming-royalties chart

Infographics site Information Is Beautiful has received a lot of attention in the past for its charts comparing royalty-payouts from music-streaming services. They’ve always looked, yes, beautiful, but there have been...
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Local streaming services: Anghami, Hungama and more (#midem)

In 2016 and 2017, various industry execs have predicted that the global music-streaming market will come down to five or six large-scale services: Apple, Google, Amazon, Spotify and perhaps a couple more pureplays drawn from...
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Napster financials show its net losses more than halved in 2016

Streaming service Napster saw its revenues rise by just 3% in 2016, but it managed to cut its net loss for the year by more than half. The figures are revealed in a recent financial filing by RealNetworks, which continues...
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Official Charts Company launches own streaming playlists

As our lead story today explores, streaming services are now having a big influence on the UK’s singles chart. But the body that compiles that chart, the Official Charts Company, is also deepening its involvement on...
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Napster will power iHeartRadio’s on-demand music service

Earlier this year, iHeartMedia announced plans to add two new subscription tiers to its iHeartRadio streaming service. Yesterday, they went live in beta. Like rival Pandora, the new subscription tiers include a $4.99-a-month...
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Metallica have music videos for every song on new album

Metallica’s new album is out today, and the band are making a big push for ‘Hardwired… To Self Destruct’ on pretty much every digital platform. Including Napster: a neat publicity stunt this week saw the band finally...
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Napster posted a $1.6m profit for its latest quarter

A profitable music-streaming service? That’s crazy talk! Yet Napster did indeed record a net profit of just over $1.6m in the third quarter of 2016. That’s according to the financial results of RealNetworks, which still...
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Napster secures Sprint telco deal for one-month trials

Are telco deals with music-streaming services entering their “sunset phase” as one Deezer exec recently suggested? Napster hopes not. The company has announced a new partnership with American telco Sprint, which will...