Rhapsody makes its first outside investment as it backs theFuture.fm creator Dubset Media

Rhapsody International, the parent company of music services Rhapsody and Napster, today that it is leading the Series B round for Dubset Media, a company focused on technology and distribution solutions for the electronic dance music (EDM) industry. The funding is the first outside investment that Rhapsody has ever made. Dubset Media has three pillars to its business: theFuture.fm, MixSCAN and MixBANK. Through those three products, Dubset works with DJs to catalog their work (MixBANK), track the necessary royalty licenses for tracks they use (MixSCAN), and then distribute them to listeners (theFuture.fm) Terms of the deal were not disclosed, but...



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