Rdio
Rdio was a subscription music streaming service shut down in 2015 after bankruptcy
Chapter 11 bankruptcy filing and sale of assets to Pandora, followed by service shutdown
Rdio operated in a market where every advantage it had, larger competitors could copy, and it shut down for good in December 2015.
Rdio let people stream songs online, similar to Spotify and Apple Music. The problem was that Rdio had no real advantage: the major record labels licensed songs to every streaming company equally, so Spotify, Apple, Amazon, and Google could all offer the same music catalog. Those companies were much larger, had more money to spend on marketing, and already had millions of users through other products like iPhones and Prime memberships, which Rdio could never match. Rdio burned through over $117 million in funding but could not grow fast enough to survive, and it filed for bankruptcy in 2015. The only thing that could have changed the picture would have been a unique feature so popular that users chose Rdio over Spotify, or a massive infusion of cash from a larger company willing to subsidize losses for years.
- 2026-03-18Unrelated Singapore firm Reddio wins trademark case vs Reddit; no connection to original Rdio
- 2015-12-22Rdio consumer streaming service permanently shut down
- 2015-11-16Rdio files Chapter 11; Pandora buys its IP and tech assets for $75 million cash
- 2015-06-08Apple Music launches, intensifying competitive pressure on Rdio
- 2014-03Rdio acquires Dhingana to expand into India
- 2014-01Rdio launches free ad-supported tier alongside subscriptions
- 2013-01Rdio launches companion video service Vdio
- 2011-11Rdio partners with Oi in Brazil for market expansion
- 2011-02-03Rdio secures $17.5 million financing round
- 2010-08-03Rdio consumer service publicly launches in the United States
This page is a post-mortem, not a live assessment, and it carries no band. The blind-test result is the only part made without knowledge of the outcome.