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Real and Rhapsody Break Up

Posted by: , 13:34 AEDT, Wed February 10, 2010
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Real Networks and Viacom will be seperating its ties with Rhapsody and spinning it off into

Real Networks and Viacom will be seperating its ties with Rhapsody and spinning it off into an independent company.

Real Networks currently owns about 51 precent of the Rhapsody, while  Viamcoms MTV, owns the other 49 percent.  Splitting off the company will give each the 49 percent and the other two percent will go to stockholders/

Rhapsody, like Napster, sell music via monthly subscription, but neither service has been able to gain much traction, despite years of effort.


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