Andre Yoskowitz
26 Jan 2012 21:33
Just a few months after acquiring Napster US, Rhapsody has announced their acquisition of Napster International.
The company will now operate the music service in Germany and the UK.
Adds Rhapsody president Jon Irwin: "The acquisition of Napster and its subscriber base in the UK and Germany gives us an ideal entry to the European market. Through the benefit of scale, the strength of our editorial programming and strategic partnerships, we can now bring the Napster service to even more consumers on a variety of platforms."
Current Napster subscribers will be migrated to "the Rhapsody infrastructure" in March, gaining features and keeping their current libraries.
Rhapsody, which launched in 2001, is the first and largest subscription music service in the U.S. with 1 million paying subscribers and 14 million tracks available. The service is popular as it is available on all smartphone platforms.