Rhapsody launched the first high-profile subscription music service in December 2001, in the middle of a revolution. The first iPod had just hit the shelves, streaming Web radio sites like Live365.com were in full bloom, and the masses were just warming to the idea that they could preview and discover music online. A service like Rhapsody, which promised subscribers unlimited access to its growing music catalog, made music junkies salivate. It also pointed the way to a brave new world where people no longer needed physical or virtual media.
The future didn't go quite as planned, however. Because … Read more