Music service Rhapsody has reportedly abandoned MP3 sales, and has removed third-party advertising from its website, says Geekwire.
A Rhapsody spokewoman pointed to these changes, as well as Rhapsody's new $5/month subscription price for MetroPCS customers, to explain the company's recent 8% second-quarter revenue dip. Rhapsody did narrow its quarterly loss somewhat, however. The company enjoyed its best annual revenue of $143.7 million last year as well.
Read more in Geekwire here.