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Rhapsody

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uuid0008cmq

Namestring
Rhapsody
Legal namestring
Napster
Websiteurl
rhapsody.com
Company typeenum
Private
Founded yearint
1999
Descriptiontext

Rhapsody, now operating under the Napster brand, is a Seattle-based private company that was originally founded in 2001 as a music subscription service and, after multiple ownership transitions, was acquired by Infinite Reality in 2023 and reinvented as an AI agent platform. The company builds a multi-product AI system whose core differentiator is visible AI agents with persistent memory, real-time voice, and video presence; flagship products include the Napster App (consumer AI agents including Mayli, an AI music producer), Napster for Mac (desktop AI assistant), Napster View (3D holographic display), Napster Station (AI concierge for noisy physical spaces), Napster Learn (enterprise and higher-education training/coaching agents), and Napster Spaces (website-embedded AI specialists). Underlying technology centers on the proprietary NV2 real-time conversational video model launched in June 2026, with the Omniagent API exposing these capabilities to third-party developers at $0.01/minute. Revenue is generated through a mix of consumer app subscriptions (freemium), usage-based API pricing, enterprise direct sales of Napster Learn and Napster Spaces, and Mac desktop subscriptions, with a customer roster that includes Accenture, Warner Bros., Microsoft, Lenovo, UAE Ministry of Culture, and Dick's Sporting Goods. The company is no longer a music streaming service in any operational sense; it functions as an AI-native agent platform with sports, entertainment, and education extensions built on top.

Short descriptiontext

Rhapsody (operating as Napster) is a Seattle-based AI agent platform that builds visible, multimodal AI agents with voice, video, and persistent memory for consumers, enterprises, developers, and higher education, following its 2023 acquisition by Infinite Reality.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
101–250
akta.pro rankint
HeadquartersSeattle, United States
HQ citystring
Seattle
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Keyword5 values
AI agent platform, conversational video AI, music streaming service, enterprise AI training, developer API platform
Industry4 codes
1AI Application Enablement Platforms (Copilot/Agent Frameworks, SDKs)
CodeHDAEANAJPrimaryYes
2Model Hosting, Serving & Inference Platforms
CodeHDAAACABPrimaryNo
3AI Music Creation & Assistive Tools (Generation, Separation, Mastering)
CodeMPAIAIAGPrimaryNo
4Model Serving, Inference & Deployment Platforms (APIs, Edge/On-Prem)
CodeHDAEANACPrimaryNo
NAICS code1 code
  • Sound Recording Studios51224
Product category
AI Agent Platform
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model4 records
1Consumer App Subscriptions
TypeSubscription Recurring
Description

Napster App for consumer users with AI music production crew capabilities, available on iOS, Android, and Mac

napster.com
2Omniagent API Usage
TypeUsage Based
Description

Usage-based pricing for AI agents deployed via API at $0.01/minute

napster.com
3Enterprise Solutions
TypeSubscription Recurring
Description

Napster Learn for Enterprise and Higher Ed, Napster Spaces for embedding AI specialists on websites, sold to enterprise customers

napster.com
4Napster for Mac
TypeSubscription Recurring
Description

Desktop application for professionals with AI specialist capabilities

napster.com
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels5 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Technology or R&D, Personnel, Marketing or Sales, Infrastructure, Operations
Pricing details3 tiers
1Omniagent API - Developer access to AI agent capabilities
ModelUsage-basedBilling cadencePay-as-you-go
Notes

$0.01 per minute for API usage

napster.com
2Napster App - Consumer AI music production crew
ModelFreemiumBilling cadenceMonthly
Notes

Free tier available, upgrade when ready

napster.com
3Napster for Mac - Desktop AI specialist application
ModelSubscriptionBilling cadenceMonthly
Notes

Free tier available, upgrade when ready

napster.com
GTM typeB2B and B2C
B2B and B2C
Offering typeSoftware
Software
Brand1 of 6 records shown
1Omniagent API
Description

AI agent platform with lifelike video presence, real-time voice, and persistent memory capabilities for developers

napster.com
+5 more records
Core offering1 text field

Rhapsody (operating under the Napster brand) provides an AI agent platform with visible, multimodal agents featuring voice, video presence, and persistent memory. The platform spans consumer products (Napster App with AI music producer Mayli; Napster for Mac), enterprise solutions (Napster Learn for training and coaching; Napster Spaces as a website AI specialist), developer tools (Omniagent API at $0.01/minute), and hardware-adjacent experiences (Napster View 3D holographic display; Napster Station AI concierge for physical spaces).

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 2 values shown
  • Reduce time to complete tasks by connecting with AI specialists on demand
+1 more record
Product overview1 text field

Napster is an AI agent platform offering a unified system with multiple products. The core platform includes the Napster App for consumers and Napster for Mac for desktop users, both featuring AI agents with voice, video, and persistent memory. Supporting products include Napster View (3D holographic AI display), Napster Station (AI concierge for physical spaces), Napster Learn (training/coaching AI agents for Enterprise and Higher Ed), and Napster Spaces (website AI specialists). The Omniagent API enables developers to deploy these AI capabilities programmatically. The platform positions itself around 'visible AI agents' that replace traditional chatbots, emphasizing multimodal interactions combining video, voice, and memory.

Product and service8 records
1Napster App
CategoryConsumer AI App
Description

Consumer AI agent platform featuring thousands of specialists with video, memory, and real personality. Includes Mayli, an AI music producer that helps users write a song in minutes. Available on iOS, Android, and Mac with a freemium tier.

2Napster for Mac
CategoryDesktop AI Application
Description

Desktop AI assistant for Mac providing thousands of specialists to help users stop procrastination, fix bugs, prep interviews, build prototypes, decode taxes, and complete productivity tasks. Includes Digital Twin capability that replicates the user's voice, priorities, and limits to handle meetings and questions autonomously.

3Napster View
CategoryAI Display Hardware Experience
Description

A 3D holographic display system for AI agents, enabling visual representation and interaction with AI entities in physical environments.

4Napster Station
CategoryAI Concierge for Physical Spaces
Description

The first AI concierge built for noisy, chaotic, real-world spaces. Uses video and audio capabilities to see and hear users, handling interactions in physical environments.

5Napster Learn
CategoryEnterprise AI Training Platform
Description

Turns expertise into AI agents that train, coach, and assess progress. Available for Enterprise and Higher Education sectors as a dedicated training and coaching AI platform.

6Napster Spaces
CategoryWebsite AI Specialist
Description

Adds an AI specialist to websites that knows the business, responds in real time, and moves visitors to take action. Designed to convert website traffic into customers.

7Omniagent API
CategoryDeveloper API
Description

Developer API for deploying AI agents with lifelike video presence, real-time voice, and persistent memory at $0.01/minute. Enables programmatic access to multimodal AI capabilities with documentation at developers.napster.com.

8Napster NV2
CategoryAI Foundation Model
Description

Real-time conversational video model powering the platform's visible AI agents with multimodal capabilities. Democratizes access to multimodal agents across the Napster product suite.

Scale indicator3 records

Each record includes

Type, Value, Description, Source

Partnership2 partners
1Spa Grand Prix
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-06-02
Description

Napster partnered with Spa Grand Prix to launch an AI Concierge for Formula 1 fans, announced June 2, 2026. This represents Napster's expansion into sports and entertainment fan engagement using AI concierge technology.

napster.com
Strategic tierCoreTypeStrategic or Co-development Partner
Description

Thunder Studios formed an Originals Division in partnership with Napster, naming Diana Mejia-Jones as Head. This strategic collaboration expands Napster's presence in entertainment production and original content creation.

Recent move7 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Builds autonomous digital humans with persistent memory and emotional intelligence for enterprise customer experience. Closely aligned with Napster's persistent-memory AI agent positioning.

TypeDirect peer
Description

Specializes in turning still images into speaking digital humans and conversational AI video agents for enterprise and customer experience use cases. Directly comparable to Napster's AI agent video presence feature.

TypeDirect peer
Description

AI avatar and video generation platform for enterprise communications and training content. Directly comparable to Napster's NV2 video model and enterprise video agent offerings.

TypeEmerging player
Description

Consumer-facing platform for personalized AI characters with persistent personality and memory. Comparable in consumer AI agent category but lacks enterprise footprint of Napster Learn/Spaces.

TypeBroad incumbent
Description

Enterprise AI agent platform launched by Salesforce competing for the same customer service automation and digital specialist use cases that Napster Spaces targets.

TypeEmerging player
Description

AI music creation platform focused on generative audio with both consumer and professional tiers. Directly competes with Napster's music production agent capabilities.

TypeBroad incumbent
Description

Microsoft's framework for building custom AI agents and copilots for enterprise. A key competitor given Microsoft's own partnership with Napster and broad enterprise reach.

TypeDirect peer
Description

AI video avatar platform enabling users to create spokesperson videos with persistent digital likenesses. Comparable to Napster's digital twin and video presence capabilities.

TypeEmerging player
Description

AI video personalization platform that builds conversational video agents with persistent identity for sales, marketing, and customer engagement — closely aligned with Napster Station and NV2 positioning.

TypeEmerging player
Description

AI music generation platform that directly overlaps with Napster's Mayli AI music producer feature and Rhapsody's music subscription heritage. Strong consumer overlap.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers7 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile4 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
Yes

Docs URL, Description

AI capability9 records

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature6 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles3 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds3 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors3 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A4 records

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Rhapsody

AI Agent Platformrhapsody.com

Rhapsody (operating as Napster) is a Seattle-based AI agent platform that builds visible, multimodal AI agents with voice, video, and persistent memory for consumers, enterprises, developers, and higher education, following its 2023 acquisition by Infinite Reality.

What Rhapsody does

Rhapsody, now operating under the Napster brand, is a Seattle-based private company that was originally founded in 2001 as a music subscription service and, after multiple ownership transitions, was acquired by Infinite Reality in 2023 and reinvented as an AI agent platform. The company builds a multi-product AI system whose core differentiator is visible AI agents with persistent memory, real-time voice, and video presence; flagship products include the Napster App (consumer AI agents including Mayli, an AI music producer), Napster for Mac (desktop AI assistant), Napster View (3D holographic display), Napster Station (AI concierge for noisy physical spaces), Napster Learn (enterprise and higher-education training/coaching agents), and Napster Spaces (website-embedded AI specialists). Underlying technology centers on the proprietary NV2 real-time conversational video model launched in June 2026, with the Omniagent API exposing these capabilities to third-party developers at $0.01/minute. Revenue is generated through a mix of consumer app subscriptions (freemium), usage-based API pricing, enterprise direct sales of Napster Learn and Napster Spaces, and Mac desktop subscriptions, with a customer roster that includes Accenture, Warner Bros., Microsoft, Lenovo, UAE Ministry of Culture, and Dick's Sporting Goods. The company is no longer a music streaming service in any operational sense; it functions as an AI-native agent platform with sports, entertainment, and education extensions built on top.

Rhapsody firmographics

Firmographics
Name
Rhapsody
Legal name
Napster
Website
https://rhapsody.com
Company type
Private
Founded year
1999
Operating status
Operating
Headcount range
101–250 employees
Short description
Rhapsody (operating as Napster) is a Seattle-based AI agent platform that builds visible, multimodal AI agents with voice, video, and persistent memory for consumers, enterprises, developers, and higher education, following its 2023 acquisition by Infinite Reality.
Ownership category
akta.pro rank

Rhapsody industry classification

Industry
Product category
AI Agent Platform
NAICS
Sound Recording Studios (51224)
akta.pro primary industry
AI Application Enablement Platforms (Copilot/Agent Frameworks, SDKs) (HDAEANAJ)
akta.pro secondary industries
Model Hosting, Serving & Inference Platforms (HDAAACAB), AI Music Creation & Assistive Tools (Generation, Separation, Mastering) (MPAIAIAG), Model Serving, Inference & Deployment Platforms (APIs, Edge/On-Prem) (HDAEANAC)

Keywords

  • AI agent platform
  • Conversational video AI
  • Music streaming service
  • Enterprise AI training
  • Developer API platform

Where Rhapsody is headquartered

Location

Headquarters

HQ city
Seattle
HQ country
United States
HQ region
North America

Markets served

Rhapsody business model

Business model
GTM type
B2B and B2C
Offering type
Software
Cost components
Technology or R&D, Personnel, Marketing or Sales, Infrastructure, Operations

Revenue model

  1. Consumer App Subscriptions: Napster App for consumer users with AI music production crew capabilities, available on iOS, Android, and Mac
  2. Omniagent API Usage: Usage-based pricing for AI agents deployed via API at $0.01/minute
  3. Enterprise Solutions: Napster Learn for Enterprise and Higher Ed, Napster Spaces for embedding AI specialists on websites, sold to enterprise customers
  4. Napster for Mac: Desktop application for professionals with AI specialist capabilities

Pricing tiers

ModelBillingPrice
Usage-basedPay-as-you-goOmniagent API - Developer access to AI agent capabilities
FreemiumMonthlyNapster App - Consumer AI music production crew
SubscriptionMonthlyNapster for Mac - Desktop AI specialist application

Go-to-market motion1 record

Distribution channels5 records

Marketing channels5 records

Rhapsody product offering

Product offering

Core offering

Rhapsody (operating under the Napster brand) provides an AI agent platform with visible, multimodal agents featuring voice, video presence, and persistent memory. The platform spans consumer products (Napster App with AI music producer Mayli; Napster for Mac), enterprise solutions (Napster Learn for training and coaching; Napster Spaces as a website AI specialist), developer tools (Omniagent API at $0.01/minute), and hardware-adjacent experiences (Napster View 3D holographic display; Napster Station AI concierge for physical spaces).

Product overview

Napster is an AI agent platform offering a unified system with multiple products. The core platform includes the Napster App for consumers and Napster for Mac for desktop users, both featuring AI agents with voice, video, and persistent memory. Supporting products include Napster View (3D holographic AI display), Napster Station (AI concierge for physical spaces), Napster Learn (training/coaching AI agents for Enterprise and Higher Ed), and Napster Spaces (website AI specialists). The Omniagent API enables developers to deploy these AI capabilities programmatically. The platform positions itself around 'visible AI agents' that replace traditional chatbots, emphasizing multimodal interactions combining video, voice, and memory.

Differentiator

Problem solved

Functional benefit

Brands

  • Omniagent API: AI agent platform with lifelike video presence, real-time voice, and persistent memory capabilities for developers
  • Napster Spaces
  • Napster Learn
  • Napster View
  • Napster Station
  • Napster for Mac

Products and services

  • Napster App Consumer AI agent platform featuring thousands of specialists with video, memory, and real personality. Includes Mayli, an AI music producer that helps users write a song in minutes. Available on iOS, Android, and Mac with a freemium tier.
  • Napster for Mac Desktop AI assistant for Mac providing thousands of specialists to help users stop procrastination, fix bugs, prep interviews, build prototypes, decode taxes, and complete productivity tasks. Includes Digital Twin capability that replicates the user's voice, priorities, and limits to handle meetings and questions autonomously.
  • Napster View A 3D holographic display system for AI agents, enabling visual representation and interaction with AI entities in physical environments.
  • Napster Station The first AI concierge built for noisy, chaotic, real-world spaces. Uses video and audio capabilities to see and hear users, handling interactions in physical environments.
  • Napster Learn Turns expertise into AI agents that train, coach, and assess progress. Available for Enterprise and Higher Education sectors as a dedicated training and coaching AI platform.
  • Napster Spaces Adds an AI specialist to websites that knows the business, responds in real time, and moves visitors to take action. Designed to convert website traffic into customers.
  • Omniagent API Developer API for deploying AI agents with lifelike video presence, real-time voice, and persistent memory at $0.01/minute. Enables programmatic access to multimodal AI capabilities with documentation at developers.napster.com.
  • Napster NV2 Real-time conversational video model powering the platform's visible AI agents with multimodal capabilities. Democratizes access to multimodal agents across the Napster product suite.

Quantifiable outcome

  • Reduce time to complete tasks by connecting with AI specialists on demand
  • +1 more outcomes

Companies that use Rhapsody

Customer profile

Named customers7 records

Segments4 records

Ideal customer profiles4 records

Rhapsody technology and API

Technology

Technology focussed Yes

API detail

Has API
Yes
API docs
API detail

Core technology

AI maturity

App detail

AI capability9 records

Feature6 records

Rhapsody partnerships and signals

Strategic signal

Partnerships

Two partnerships are on record, tiered core.

  • Spa Grand PrixcoreStrategic or Co-development Partner · 2 June 2026Napster partnered with Spa Grand Prix to launch an AI Concierge for Formula 1 fans, announced June 2, 2026. This represents Napster's expansion into sports and entertainment fan engagement using AI concierge technology.
  • Thunder StudioscoreStrategic or Co-development PartnerThunder Studios formed an Originals Division in partnership with Napster, naming Diana Mejia-Jones as Head. This strategic collaboration expands Napster's presence in entertainment production and original content creation.

Scale indicators3 records

Recent moves7 records

Expansion highlights5 records

Rhapsody competitors and assessment

Company assessment

Direct peers

  • Soul Machines: Builds autonomous digital humans with persistent memory and emotional intelligence for enterprise customer experience. Closely aligned with Napster's persistent-memory AI agent positioning.
  • D-ID: Specializes in turning still images into speaking digital humans and conversational AI video agents for enterprise and customer experience use cases. Directly comparable to Napster's AI agent video presence feature.
  • Synthesia: AI avatar and video generation platform for enterprise communications and training content. Directly comparable to Napster's NV2 video model and enterprise video agent offerings.
  • HeyGen: AI video avatar platform enabling users to create spokesperson videos with persistent digital likenesses. Comparable to Napster's digital twin and video presence capabilities.

Emerging players

  • Character.AI: Consumer-facing platform for personalized AI characters with persistent personality and memory. Comparable in consumer AI agent category but lacks enterprise footprint of Napster Learn/Spaces.
  • Udio: AI music creation platform focused on generative audio with both consumer and professional tiers. Directly competes with Napster's music production agent capabilities.
  • Tavus: AI video personalization platform that builds conversational video agents with persistent identity for sales, marketing, and customer engagement — closely aligned with Napster Station and NV2 positioning.
  • Suno: AI music generation platform that directly overlaps with Napster's Mayli AI music producer feature and Rhapsody's music subscription heritage. Strong consumer overlap.

Broad incumbents

  • Salesforce Agentforce: Enterprise AI agent platform launched by Salesforce competing for the same customer service automation and digital specialist use cases that Napster Spaces targets.
  • Microsoft Copilot Studio: Microsoft's framework for building custom AI agents and copilots for enterprise. A key competitor given Microsoft's own partnership with Napster and broad enterprise reach.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Rhapsody social profiles

Digital presence

Rhapsody financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Rhapsody leadership team

Management profile

Number of profiles

Profiles3 records

Rhapsody funding detail

Funding detail

Funding overview

Funding rounds3 records

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Rhapsody M&A and investment

M&A and investment

M&A4 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Rhapsody

What does Rhapsody do?

Rhapsody (operating under the Napster brand) provides an AI agent platform with visible, multimodal agents featuring voice, video presence, and persistent memory. The platform spans consumer products (Napster App with AI music producer Mayli; Napster for Mac), enterprise solutions (Napster Learn for training and coaching; Napster Spaces as a website AI specialist), developer tools (Omniagent API at $0.01/minute), and hardware-adjacent experiences (Napster View 3D holographic display; Napster Station AI concierge for physical spaces).

Is Rhapsody a public or private company?

Rhapsody is a private company. It is classified as corporate owned and is currently operating.

When was Rhapsody founded?

Rhapsody was founded in 1999. It employs 101 to 250 people.

Where is Rhapsody based?

Rhapsody is headquartered in Seattle, United States, in the North America region.

How does Rhapsody make money?

Four revenue lines are on record. Consumer App Subscriptions are the primary driver. The others are omniagent API Usage, enterprise Solutions and napster for Mac.

Who are Rhapsody's main competitors?

Direct peers on record are Soul Machines, D-ID, Synthesia and HeyGen. Emerging players are Character.AI, Udio, Tavus and Suno. Broad incumbents are Salesforce Agentforce and Microsoft Copilot Studio.

Does Rhapsody have an API?

Yes. The Omniagent API enables developers to deploy AI agents with lifelike video presence, real-time voice, and persistent memory. Pricing starts at $0.01/minute. Available via https://developers.napster.com/docs. Developer documentation is at developers.napster.com/docs.

What industry is Rhapsody in?

Rhapsody's product category is AI Agent Platform. Its primary akta.pro industry code is HDAEANAJ, AI Application Enablement Platforms (Copilot/Agent Frameworks, SDKs), with a secondary code of HDAAACAB, Model Hosting, Serving & Inference Platforms. Its NAICS code is 51224.

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Live signals
PR NewswireShakira, Aerosmith, And Jennifer Lopez Excluded From Sony Music Infringement Judgment Asserted by Marc Mysterio an Intervenor Himself In SDNY ActionMarc Mysterio (Marcel Albert) has filed a reply motion to intervene in Sony Music Entertainment et al. v. Rhapsody International Inc. et al. (Case No. 1:25-cv-06352) before Judge Loretta A. Preska in SDNY, arguing that major recording artists including Shakira, Aerosmith, Jennifer Lopez, and himself were arbitrarily excluded from a February 9, 2026 Final Default Judgment awarding Sony Music approximately $21.226 million in combined actual and statutory damages for breach of contract and copyright infringement. Mysterio asserts third-party beneficiary rights and copyright interests in recordings distributed through The Orchard, seeking a charging lien against proceeds and discovery of all infringed tracks beyond Sony's 240-work list.SemanaEpica y Rhapsody se reúnen para su gira The Final Shows 2027: fecha de su paso por BogotáDutch symphonic metal band Epica and Italian band Rhapsody have announced 'The Final Shows 2027' tour, celebrating Epica's 25th anniversary with special guests expected to join on stage. The tour setlist will feature songs from Epica's nine studio albums, with announcements of invited performers expected in the coming months. The Bogotá stop marks one of the final performances of this farewell tour.openPR.comGlobal Rhapathon 2026 with Pastor Chris Set to Ignite the Race to Reach the Last ManRhapathon 2026, a five-day global virtual event scheduled for May 4-8, 2026, has been announced by Pastor Chris Oyakhilome to celebrate Rhapsody of Realities, described as the world's number one daily devotional. The event will feature live broadcasts across LoveWorld Networks and digital platforms, with a focus on evangelism, soul-winning, and distributing the devotional in multiple languages. Christians and partners are encouraged to register through the official website to participate in the event.PR NewswireRealNetworks Announces Support for Acquisition of Rhapsody International, Inc. by MelodyVR Group PLCRealNetworks, Inc. announced its support for MelodyVR Group PLC's acquisition of Rhapsody International, Inc. (which operates as Napster), a company in which RealNetworks holds an 84% majority stake. The transaction is valued at approximately $70 million, comprising $15 million in cash, $11 million in MelodyVR stock, and the assumption of roughly $44 million in payment obligations, with closing expected in Q4 2020. The combined entity will integrate MelodyVR's virtual reality music platform with Napster's music streaming service, which currently serves over 3 million users with access to more than 90 million licensed tracks.PR NewswireDonuts Inc. Appoints New Chief Financial OfficerDonuts Inc. has appointed Randy Haas as its new Executive Vice President and Chief Financial Officer, effective immediately. Haas brings prior executive experience from Rhapsody/Napster and Microsoft, where he led financial strategy for the Internet Advertising Business Group. The appointment is intended to support the company's growth plans and profitability in the domain name industry.PR NewswireRhapsody International Inc. and Sony Music Entertainment (Japan) Inc. Launch High-Resolution Audio Streaming Experience in JapanRhapsody International Inc. and Sony Music Entertainment (Japan) Inc. announced the formal launch of "mora qualitas," a high-resolution on-demand streaming music service in Japan. The service streams lossless FLAC audio at up to 24-bit/96kHz quality, powered by Rhapsody's Napster platform, and is priced at 1,980 Yen per month. Major Japanese labels including Universal Music Japan, Warner Music Japan, and Victor Entertainment will contribute content alongside Sony Music Entertainment Japan's catalog.PR NewswireIf you own music that was streamed on Rhapsody without voluntary or compulsory licenses, you could get compensation from a class action SettlementA settlement has been reached in Lowery et al. v. Rhapsody International, Inc., a class action lawsuit where copyright holders alleged that Rhapsody unlawfully reproduced and distributed their musical compositions via its streaming service without proper voluntary or compulsory licenses. Rhapsody denies the allegations and has agreed to a settlement fund of up to $10 million (potentially rising to $20 million) to compensate eligible copyright owners who submit claims by December 31, 2019. The U.S. District Court will hold a hearing on March 13, 2020, to consider final approval of the settlement.PR NewswireRhapsody International Inc. Adds MQA Studio Quality Audio To 'Powered By Napster' Platform ServiceRhapsody International Inc. has completed a global agreement with MQA to integrate Master Quality Authenticated (MQA) studio-quality audio into its Powered by Napster platform service, enabling partners to offer high-resolution music streaming across mobile, automotive, and home platforms. The partnership positions Napster as a leader in high-quality audio music services and allows authenticated studio-quality music to be delivered during streaming. MQA CEO Mike Jbara noted that Napster's global reach makes the announcement a significant milestone for MQA's hardware partners worldwide.PR NewswireRhapsody International Announces Angel Gambino as New Chief Commercial OfficerRhapsody International Inc. announced the appointment of Angel Gambino as Chief Commercial Officer, effective immediately, with responsibility for business development, marketing, product, and partner management teams across North America, Europe, and Latin America. Gambino brings over 20 years of experience from senior roles at BBC and Viacom, as well as founding AI company Sensai, to support Rhapsody's expansion of its B2B streaming platform services. The company also announced the launch of its "Powered by Napster" white-label platform service and appointed John Law as VP of Product to support continued growth in the streaming technology sector.PR NewswireRealNetworks Doubles Its Stake in Rhapsody International to Become 84% Owner of NapsterRealNetworks acquired debt and equity interests in Rhapsody International (operating as Napster) from Rhapsody Applebee LLC, managed by Columbus Nova Technology Partners, requiring special approval from the U.S. Treasury Department's OFAC due to sanctions on CNTP's major limited partner. The transaction doubled RealNetworks' stake from approximately 42% to 84%, making it the majority owner, with consideration of $1 million cash upfront and up to $40 million total over time. Napster reported five consecutive quarters of positive operating income and over $14 million in operating income for the first three quarters of 2018, having successfully pivoted to a B2B strategy.