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 can the music industry (and the streaming services) build on that growth in the coming years? What will drive the next spikes in paid […]

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 parent company Rhapsody International is making a new push with that strategy in Asia, via a partnership with Vietnamese tech company GNT. The pair […]

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, Victor Krummenacher and David Faragher. Now the company has released details of a settlement that will see it paying […]

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 $14m “over time subject to certain conditions”, although the final bill could reach $40m if Napster is sold (or has a “similar liquidity […]

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