Facing heavy streaming music competition, Rhapsody appoints first CEO

Rhapsody International abandons executive committee approach, seemingly in bid to better compete with Apple Music, Spotify.

@seanridgeley
Published Mon, Apr 25 2016 2:04 PM CDT   |   Updated Sat, Aug 8 2020 10:29 AM CDT

Rhapsody International -- parent company of streaming music companies Rhapsody and Napster -- has appointed Mike Davis (pictured here) as its first CEO. Until now, the company has been led by executive committee.

Facing heavy streaming music competition, Rhapsody appoints first CEO | TweakTown.com

Davis' background lies in private equity; he recently served as a "growth adviser" and senior operating consultant to LA firm The Gores Group.

The move seems to be a response to the intense competition seen from Spotify and Apple Music, as has recent feature additions to the Rhapsody client in recent months.

Davis notes Rhapsody pioneered the concept of digital, subscription-based music and it's now taking hold in the industry at large. The company now sees itself playing catch-up to its own creation; if only for the sake of competition, one hopes Davis is the man for the job.

NEWS SOURCE:seattletimes.com

Sean has a background in journalism, and has been using that to write about gaming and tech since 2008 - first for Neoseeker, then Rage3D, and now, TweakTown. As News Editor, Sean's job is to supply regular stories on the latest happenings in the tech world. He also writes tweak guides to help you get the most out of your PC games and hardware.

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