Rdio CEO To Step Down

rdio logo111Rdio CEO Drew Larner has stepped down from his post. He will remain a chairman with the firm.

“Momentum from last year has been tremendous, the best person to take this to the next level, it’s probably someone with a different skill set,” Larner told Bloomberg. “I’m a business guy and a deal guy. 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. Companies often outgrow their founding executive teams. Those who get the company off the ground aren’t always the best at growing the company in the second stage into a mass-market product,” Larner added.

Larner has been CEO of San Francisco-based Rdio since 2009.

 

 

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Jessica Nicholson serves as the Managing Editor for MusicRow magazine. Her previous music journalism experience includes work with Country Weekly magazine and Contemporary Christian Music (CCM) magazine. She holds a BBA degree in Music Business and Marketing from Belmont University. She welcomes your feedback at jnicholson@musicrow.com.

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