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Rdio CEO to step aside
By Chris Cooke | Published on Monday 10 June 2013
The CEO of streaming music service Rdio will step aside, according to Bloomberg.
Incumbent Drew Larner reckons that someone with different talents is required to help the digital music firm expand the user-bases of both its core Rdio music service and spin off video-on-demand Vdio platform. Larner will lead the search for a replacement CEO, and once he or she is found will take the new role of Executive Chairman at the firm.
Bloomberg quote the current Rdio chief as saying: “Momentum from last year has been tremendous. The best person to take this to the next level, it’s probably someone with a different skill set. I’m a business guy and a deal guy. The next stage of the company is about building an enormous user and subscription base, and there are people out there better at that than I am”.
