Rdio compete with services such as Deezer, MOG, Napster, Rhapsody, and Spotify. On September 27, 2013, Rdio added a music recommendations feature that delivered personalized albums, stations, and playlists. On January 16, 2014 Rdio introduced some free streaming options, supported by audio advertisements. On November 16, 2015, Rdio filed for Chapter 11 bankruptcy, and reached a deal to sell certain assets and intellectual property to a competitor, Pandora, for $75 million, pending approval by the bankruptcy court. As part of this transition, the Rdio service was discontinued effective December 22, 2015, and some employees were transferred to Pandora, which will introduce
Fortune Brands wine operations for $885 million USD, a transaction that added of vineyards, several major brands such as Clos du Bois, and 2.6 million cases per year of "super-premium" class wine production. After the other product lines were sold and spun off, the remaining spirits business became Beam Inc.. Fortune Brands Fortune Brands was a holding company founded in 1969 as American Brands and later renamed in 1997 and split apart in 2011. The corporate headquarters was in Deerfield, Illinois, in the United States. The company historically had a significant diversity of products. It announced on December 8, 2010, that it