Is streaming profitable? For Rhapsody/Napster, it actually (finally) is. According to a regulatory filing by RealNetworks, Rhapsody International posted a profit of over $1.6 million in the third quarter, with a record revenue of more than $54 million. Rhapsody International owns Napster music service. This news comes several months after Rhapsody/Napster restructured their San Francisco […]
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