Monday, March 01, 2004

The Nine Lives of Napster

Business Week: The online music provider is struggling in its attempt to challenge Apple. Yet, this cat could still land on its feet ... Napster remains a distant second in market share to Apple's (AAPL ) popular iTunes service. And management upheaval at Roxio has raised fears about Napster's future once again ... It sells far fewer songs at its online store than Apple, which sells roughly 75% of the 3 million songs that are sold online each week. But Gorog points out that based on the latest weekly data from Neilsen SoundScan, Napster's share equals all other rivals combined, including services from Wal-Mart, MusicMatch, and Best Buy. He says the data show that Napster 2.0 is holding its No. 2 position against Apple in this music-download business ... In part to wean their students off illegal file-sharing sites, Penn State University and the University of Rochester's Eastman School of Music intend to offer free Napster subscriptions to thousands of students in coming months. The hope is that the students will become paying customers for years to come. Smart."

[ Posted at 10:28 AM | Permalink ]

Internet Nexus

Search this site

More of my sites

Monday, March 01, 2004

The Nine Lives of Napster

The '07 iPods!

My latest book