Tag: napster

Washington Post: Napster To Go doesn’t add up

Rob Pegoraro, tech columnist for the Washington Post, says the new Napster To Go service isn’t exactly the best way to consume digital music. “Whether you like Napster To Go, the online store’s new music subscription service, depends on whether you think of it as all-you-can-eat or all-you-can-pay,” writes Pegoraro. “At its best, music has the same lasting value as books or paintings or any other sort of meaningful art: It isn’t a disposable good that you use and then forget about.

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Napster begins trading as ‘NAPS’

Apple rival Napster began trading as its own company today on Nasdaq under its new ticker “NAPS.” Based on “subscriber acquisition initiatives and strong holiday sales,” the company expects to achieve revenue growth in the third quarter of fiscal 2005 and reiterated its guidance for revenues of approximately US$11 million. Napster closed the calendar year with a net balance of cash and investments of more than $130 million. Read More

Napster significantly trails iTunes in downloads

Napster sent out a press release on Monday touting the fact that it had recently sold over five million songs. However, it still remains far behind Apple’s iTunes Music Store (iTMS). At last month’s Macworld Expo, Apple CEO Steve Jobs said more than 30 million songs had been purchased and downloaded from the iTMS since it launched in April. He also noted that Apple sold close to 1.9 million songs per week in December. Read More

Napster to offer prepaid cards

Napster is planning to offer prepaid cards at retail stores after it launches its online music service on Wednesday, reports Reuters. The Napster Card will be priced at US$14.85, providing the user with 15 song downloads. The company says that the new card is geared towards teenagers without credit cards and as gifts.

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