Jan
19
Napster reports 500K subscribers, but may not be able to make it
Napster reported they’ve doubled the customer base within a year by reaching 500,000 subscribers but the company may still be saying “bye, bye” to us soon. According to a Digital Music News report, all possible scenarios are considered within the company (massive layoffs, liquidation, fire sale). With the iTMS owning 83% of the market, there’s not much you can do, and we do know that Q2 -ended on September 30 ended with a $13.6M net loss (which is better than the previous $19.9M figure, but still). Most recent quarterly results to be posted on the 8th of February.
Before leaving the site, have a look at our most popular entries:
- Review: FixTunes (September 14, 2006)
- Apple Lossless offerings from the iTMS not likely—for now (June 28, 2006)
- Review: Datasafe oomi (June 7, 2006)
- HOWTO: Move your iTunes music while preserving library data (May 11, 2006)
- Batteries 101 (May 8, 2006)
- Presentation: iPod Hi-Fi, plus a few thoughts (March 2, 2006)
- Presentation/Review: Creative Zen Vision:M (December 9, 2005)
- Review: Alegria Audio Ling bookshelf speaker system (November 9, 2005)
- HOWTO: Put together a $3K audiophile CD player for $555 (October 20, 2005)
- HOWTO: Build the CMoy pocket amplifier (October 16, 2005)