Rdio has filed for bankruptcy in the US and will shut down its operations.
Pandora is set to buy key assets from streaming service Rdio for $75 million, which include "technology and intellectual property", but not the operations of the business according to an announcement from Pandora.
The Music Network reported this morning a Pandora insider said "As we understand it, that means the Rdio brand will no longer exist."
Rdio Will File For Bankruptcy, Sell Smoldering Remains To Pandora https://t.co/aHRldrnrWr
— consumerist (@consumerist) November 16, 2015
