Napster needs outside funding within the next 12 months
Tech firm RealNetworks has published its quarterly financial results, including as usual figures for music-streaming firm Napster, in which it holds an 84% stake. Napster’s subscription revenues grew from $24.3m in...
May 11, 2020
RealNetworks filing reveals Napster revenues of $106.3m in 2019
The latest financial results from technology firm RealNetworks include figures for its Napster subsidiary: $106.3m of revenues for 2019. Napster’s cost of revenues for the year were $85.9m, with operating expenses of...
March 2, 2020
Indie artists have doubled their share of Napster’s top 100
Napster is the latest music-streaming service putting out some end-of-year statistics. However, it has chosen a different topic to the usual ‘most popular artists / tracks’ DSP data dumps. Napster has been looking...
December 20, 2019
Napster reveals a new partnership with startup Super Hi-Fi
We profiled startup Super Hi-Fi earlier this year. The US firm has developed technology that uses AI to make streaming services sound much more radio-like, with branded stings, artist name and track title announcements,...
December 12, 2019
Napster Q3 revenues fell by 21.6% year-on-year to $27.3m
Technology firm RealNetworks has published its latest quarterly financial results, and as usual, they include figures for Napster, its music-streaming subsidiary. The key figure: $27.3m. That’s Napster’s revenues...
November 6, 2019
Napster’s Angel Gambino talks tech, Ek and streaming’s evolution
Angel Gambino has been in the digital trenches since the late 1990s. Her career has seen her work in early social gaming (for Gameplay·com); test the digital waters for TV (at the BBC and Viacom); and forge content strategies...
September 17, 2019
Next for music subscriptions: new markets, diversity and rethinking value
The music industry made around $7.1bn from streaming subscriptions in 2018, according to industry body the IFPI. That was 32.9% year-on-year growth, with subscriptions generating 37% of global recorded-music revenues. How...
June 4, 2019
Napster wants to power more music-streaming services in Asia
Napster remains a consumer-brand streaming service, but the company’s energies are focusing ever-more keenly on its B2B business, and ‘powered by Napster’ services launched by brands and other partners. Now Napster’s...
April 24, 2019
Napster signs Univision deal as financials show 2018 profit
Streaming service Napster has a new B2B partnership to shout about: with Hispanic-focused media company Univision in the US. It’s focused on a newly-revamped version of Univision’s music app Uforia, which will now offer...
March 14, 2019
Rhapsody to pay up to $10m in songwriter-lawsuit settlement
It wasn’t just Spotify facing the prospect of class-action lawsuits from songwriters over streaming royalties in recent years. Rhapsody (now operating as Napster) was also on the wrong end of a case brought by David Lowery,...
February 19, 2019
RealNetworks doubles its stake in Napster for up to $40m
RealNetworks has announced that it has doubled its stake in music-streaming service Napster to 84%, after agreeing a deal with co-owner Columbus Nova Technology Partners. RealNetworks is paying $1m in cash up-front, a further...
January 23, 2019