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Napster Goes MP3 With 4 Majors & 6M Tracks

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2008-05-20 04:23:00 by Bruce Houghton in hypebot
Napster this morning launched what it calls "the worlds largest and most comprehensive MP3 store" at www.napster.com/store . While beat to market by months by Amazon's mp3 store, Napster's move bests rivals Zune, Real and Yahoo who have yet to announce deals with the major labels to sell mp3's With product from all four major label groups,...
 
 
 
 
 
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Hudson Entertainment & Napster Sign Digital Music Agreement

2008-05-13 13:59:34 by sounni in Guest Music Bloggers
 
...Napster to further extend its digital music offerings The new deal with Napster will allow Hudson Entertainments music division to offer full-length music tracks from top independent music labels and artists through Napsters on-demand music subscription service, which boasts more than 760,000 subscribers. Hudson Entertainments extensive...
 
 
 
 
 
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Best Buy To Acquire Napster

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2008-09-15 10:25:10 by Bruce Houghton in hypebot
...Napster via the cash purchase of outstanding shares for $2.65. Napster stocked closed Friday at $1.36. The proposed acquisition includes the online music store's 700K subscribers and $67 million in cash on hand. CEO Chris Gorog and key members of senior management have agreed to stay with the company With subscription sales flat and iTunes as...
 
 
 
 
 
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Napster Offers 6 Million Songs As DRM-Free MP3s, Drops Monthly Fee

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2008-05-21 00:57:12 by mollifire of MOG in MOG - Editor's Picks
Napster took a flying leap onto the DRM -FREE wagon today, by making its 6 million tracks available as play-anywhere mp3s. The tracks are high-bitrate 256kbps mp3s without restrictions and can be played on any mp3 player. Individual tracks cost $0.99 (79p in UK) while full albums cost $9.99 - comparable to iTunes' pricing for similar tracks....
 
 
 
 
 
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Napster Revenues Up, Subscriptions Flat

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2008-05-22 06:40:24 by Bruce Houghton in hypebot
...Napster launched its MP3 store to mixed reviews, the company's quarterly report showed net losses narrowing and net revenue up almost 6%. But Napster's core offering subscriptions, grew only fractionally during the quarter to 760,000 from 743,000 three months earlier Napster concludes fiscal 2008 with annual revenue growth of 15%, positive...
 
 
 
 
 
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4 Thoughts On Best Buy & Napster

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2008-09-17 02:54:00 by Bruce Houghton in hypebot
Napster was worth even less than I thought . Given the $67 million in cash that Napster has on hand, the purchase for $121 million by Best Buy puts the valuation at just $54 million. Not much for a company with 700,000 subscribers, decent technology and a strong bran d name This purchase is a blow for RealNetworks' Rhapsody who previously p...
 
 
 
 
 
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Napster set to remove restrictions on music downloads

2008-01-16 16:54:13 by Matthew in I Own My Music!
 
Napster hit the headlines again this week with the announcement that the music-download service will begin selling music solely in MP3 format, to commence later this year In the past, Napster has sold music downloads in Microsofts restricted WMA format, although these sales will continue for some subscription-based offerings The move to offer...
 
 
 
 
 
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Interview: Napster COO Christoper Allen

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2008-05-20 04:00:00 by Bruce Houghton in hypebot
...Napster's all MP3 store, COO Christopher Allen answered a few questions exclusively for Hypebot HYPEBOT: What new services or points of differentiation will there be between Napster and competitors Rhapsody, Yahoo, Amazon and iTunes ALLEN: The breadth and depth of the catalog is a major differentiator. Consumers will finally have one...
 
 
 
 
 
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Tuesday's Music 2.0 Briefing: iTunes Mobile, Napster, Steinway & Much More

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2008-05-20 02:18:00 by Bruce Houghton in hypebot
...Napster Goes All MP3 With Four Majors & 6M Tracks Exclusive Interview With Napster's COO AOL Music adds two more genre specific site s Brian Wilson returns to Capitol EMI for a new studio release Don't miss the incredible comments on Can The Music Industry Save Itself - Part 1 and join the discussion Apple is in talks with labels to make more...