I could probably name close to a dozen subscription music services off the top of my head, which means one thing: there are far too many subscription music services. Now, just days since Pandora declared that it would do just fine in the wake of Apple's iTunes Radio debut, longtime music stalwart Rhapsody announced that its revenue is continuing its downward spiral.
Rhapsody sliced roughly 15% of its workforce -- including top management positions -- alongside the launch of iTunes Radio in an attempt to remain competitive, but it doesn't appear to have helped. According to a
