We’re thrilled to announce that Rhapsody has hired its first CEO: Mike Davis.
Mike joins the Rhapsody team during one its busiest years. In the past 90 days, listening hours have increased by 15%, and the number of hours subscribers listen to music with Rhapsody’s mobile apps is up nearly 40% in the last year as a result of product features like Rhapsody KIDS and the Listener Network.
Mike’s leadership experience and business management spans across a variety of industries. Previously, he led the content and distribution (UMGD) divisions as executive vice president and general manager of Universal Music Enterprises (UME). More recently, he helped build new and diverse revenue streams while strengthening the company’s core business as both a TPG growth advisor and senior operating consultant for The Gores Group.
“I am thrilled to join Rhapsody at such a dynamic time for both the company and the music industry,” said Mike Davis, chief executive officer, Rhapsody International. “For 15 years, Rhapsody has led innovation in streaming music and remains a best-in-class streaming music service. Thanks to the biggest and best partners in the world and a roadmap of innovative new features, we are primed for continued global growth during one of the most pivotal years in music.”