rdio

Reports are circulating that streaming service Rdio has filed bankruptcy and is shutting down

The digital music streaming world is an arms race. As Jay Z's maligned but well-funded Tidal throws exclusives and live shows at the wall to see what sticks, and while Apple attempts to squeeze competitors out of the game altogether, Spotify is attempting to clutch onto its number-one spot. Acc...

For the first time, digital music streaming has surpassed physical CD sales in terms of profitability. According to the RIAA and Business Insider, 2014 saw CD sales slide 12.7% to $1.85 billion, while streaming sites like Spotify, Rdio and recent Apple acquisition Beats Music raked in $1.87 billio...