Investors Loan Rhapsody $10 Million

Todd Bishop, writing at GeekWire:

Rhapsody, the Seattle-based streaming music service, has received new loans totaling $10 million from RealNetworks and another of its investors, according to a regulatory filing this afternoon.

Which fact is more surprising about this story: that Rhapsody still exists, or that RealNetworks not only still exists but has the money to loan Rhapsody?

Friday, 8 May 2015