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Rhapsody announced plans to purchase Napster from Best Buy. Although the full details of the deal have not been released, we do know that Best Buy will retain a minority stake in Rhapsody. The deal is expected to close on or around November 30 of this year. As a result of the deal, the subscriber bases of the two largest on-demand premium... Read more...
Nokia's "Comes With Music" obviously saw its fair share of problems at launch, but there's clearly a market for subscription-based music. Rhapsody, Napster and even Apple have managed to get it right, and now Cricket is taking the next step by expanding their own music service to 13 new markets. The company's Muve... Read more...
So, the question is: who's not in the music business these days? Apple has their iTunes Music Store and just recently acquired the LaLa streaming service, and HP just shelled out around $30 million to purchase a music streaming site of their own. Microsoft has their Zune subscription service, and then there's Rhapsody, Napster and a whole... Read more...