Dec 3rd 2013, 16:39, by Kwame Opam
Rdio, still reeling from having laid off up to one third of its staff last month, has named Anthony Bay, former head of digital video at Amazon, as chief executive. Bay will now be charged with guiding the company toward profitability in its ongoing battle with an ascendent Spotify.
Bay is set to replace Drew Larner, who now moves into the vice chairman position after announcing his plans to step down earlier this year. Larner told Bloomberg in June that the next person to fill his position would be charged with taking Rdio to the next level. "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," he said at the time.
Rdio, for its part,...
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