Rhapsody International announced on Thursday (Feb. 8) that Bill Patrizio has been appointed president and CEO of global streaming service Napster.
“We’re delighted to make Bill Napster’s permanent CEO,” said Rob Glaser and Jason Epstein, co-chairmen of Rhapsody International. “Last spring, Bill did a great job stepping in to lead Napster at a pivotal period. He has led a resurgence of the company in its new partner-oriented focus.”
In May 2017, Patrizio was named interim CEO as the company repositioned and restructured. While serving as interim CEO, Patrizio also maintained his role as president of consumer media at RealNetworks, overseeing strategy and management of the company’s media services and IP licensing business, new product development, growth and profitability.
“Bill has a track record of resilience and operational success, and a passion for the industry that will lead Napster forward into its next phase of innovation and growth,” said Glaser and Epstein.
As CEO and president , Patrizio will continue to support “Napster’s progress in embracing innovation, and delivering compelling products and services for consumers, its partners and the wider music industry,” the company said in a press release.
On taking on the leadership role, Patrizio said, “Rhapsody and Napster are the vanguards and pioneers responsible for today’s phenomenon that is the music streaming industry. It is a privilege to lead this company and define a path forward that allows us to continue to participate in the growth of music streaming and subscription services worldwide.”