Rhapsody is a streaming music service that has been around for a long time now offering a wide range of music. This week the company has announced that it plans to expand into more locations including France and Latin America. The expansion into the new areas comes with deals in place with French operator SRF and Telefonica in Latin America.
Rhapsody has also noted that it has reached 2 million paying subscribers for its premium and unRadio internet radio service launched along with T-Mobile in the US. Rhapsody launched in 2001 and is currently facing stiff competition in the marketplace.
Segment leader Spotify now boasts 10 million paying subscribers putting it at about 5 times the size of Rhapsody. Rhapsody's subscriber numbers are on the increase with the firm announcing in April that it had 1.7 million paying customers.