Should I be worried about Rdio? I am happy to pay Rdio a relative pittance for continued access to music. I'm less happy if they're in a tailspin that is going to destroy the quality of their catalog.
Unfortunately, worrying seems prudent. While I suspect this move had been planned for some time, it follows on the heels of a large layoff that decimated (triple-decimated, if the 30% number is to be believed) the company.
That may have to do with their cancellation of the Vdio service. I was a beta tester of the service but received an email last month that it was being cancelled.
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Should I be worried about Rdio? I am happy to pay Rdio a relative pittance for continued access to music. I'm less happy if they're in a tailspin that is going to destroy the quality of their catalog.
Unfortunately, worrying seems prudent. While I suspect this move had been planned for some time, it follows on the heels of a large layoff that decimated (triple-decimated, if the 30% number is to be believed) the company.
http://www.theverge.com/2013/11/19/5123004/rdio-lays-off-emp...
The music streaming business seems like an extraordinarily difficult place to compete.
That may have to do with their cancellation of the Vdio service. I was a beta tester of the service but received an email last month that it was being cancelled.
I think their exposure and catalog may grow because of the deal they cut with Cumulus. http://www.nytimes.com/2013/09/16/business/media/a-digital-d...