Rdio CEO Drew Larner has decided to step down. This was first reported by Bloomberg and is a big blow for Rdio. However, Larner made the statement that he is hoping a new CEO can step in to take Rdio to the next level.

The new CEO will push the company to combine its music streaming efforts, and its newer video stream service, Vdio, into a single subscription package. That combined offering could position Rdio to more directly compete with several major content providers.

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