Search:  

 
 
   News
newer
story category Napster Aims To Make Profits In Mobile Music Market
Is the company worth more dead than alive?
02:06PM Sunday Jul 20 2008 by KathrynV
tags: Fileswapping · business · wireless
Most people haven’t heard anything about Napster since the company went bankrupt in 2002 after lawsuits regarding the illegal filesharing taking place on the site. However, it’s been an active company for the past four years since being bought and re-launched by Roxio Inc. It is now an online music-subscription service that controls about half of its market. Despite this, the company hasn’t turned a profit since the relaunch. CEO Christopher Gorog hopes to change that now that Napster has teamed up with AT&T to offer Napster as a mobile music service; the goal for the company at the current time is to develop similar partnerships with other carriers in order to base revenue growth on the emerging mobile music market. However, a lack of faith in the leadership of the company has shareholders worried that there is no way that the company is ever going to turn profits again. Market analysts point out that Napster is in an interesting position because the company’s value is lower than the amount of cash and assets it has; this could make it a target for new investors interested in purchasing a business that is “worth more dead than alive”.

Related:
  1. Tuesday Evening Links
  2. TorrentSpy Calls It Quits
  3. U.S. Attorney General Says Piracy Leads to Terrorism
  4. Filesharing on Unlocked iPhones
  5. Did Apple iPhone Fix Make Problems Worse?
  6. T-Mobile HSDPA Launch Markets Leaked
  7. Qwest/Sprint Wireless Customers Can Now Port To Verizon
  8. Cox Hints at Wireless Plans
Forums » Napster Aims To Make Profits In Mobile Music Market
view: topics flat text 
Post a:

pog
Premium
join:2004-06-03
Kihei, HI
·Hawaiian Telcom

Legitimizing was a bad idea in the first place...

Most people equate Napster with free music, most of those probably also connect this all with copyright infringement, court cases, etc.

In legitimizing Napster, I think the majority make the wrong conclusion... ie, not that Napster has cleaned its act up but that the "legal technicalities" that caused the original service to be illegal have somehow been addressed, legitimizing their original business model...

The next leap in logic is that if Napster is now legal then it's only a matter of time for other file trading services to also become legal.

My scientific polling of 3 individuals shows this to be true for 67% of adults.

The bottom line is that Napster, IMO, is irrevocably tied to copyright infringement.
--
My Site

r3993

@comcast.net

Once you get bad rep, it is hard to fix that

Napster is not getting a dime from me anytime soon.

Nightfall
My Goal Is To Deny Yours
Premium,MVM
join:2001-08-03
Grand Rapids, MI
clubs:

Re: Once you get bad rep, it is hard to fix that

said by r3993 :

Napster is not getting a dime from me anytime soon.
Did they turn bad after they went legit? :P
jarthur31

join:2006-04-14
Carlsbad, NM
·US Cable

Re: Once you get bad rep, it is hard to fix that

No. IMHO these record companies took way too long to address what the public wanted--unprotected mp3's. Their pricing is still way off as most CD's you purchase are alot cheaper per song.

But then again the RIAA was looking in their best interests all along right? xD

The same goes for the movie studios but they are truly hindered by not so fast downloads speeds from most ISP's. What is truly hilarious here is that bit torrent technology could help them alot but they choose to demonize it and will continue to lose money to piracy because they refuse to think outside the box.

I d/l stuff I shouldn't only because it isn't available for purchase and I'm sure there are many others who feel the same way. I'd rather pay for a high quality rip I can call my own.
BF69

join:2004-07-28
Camden, TN

Re: Once you get bad rep, it is hard to fix that

said by jarthur31 See Profile :

No. IMHO these record companies took way too long to address what the public wanted--unprotected mp3's. Their pricing is still way off as most CD's you purchase are alot cheaper per song.
how so? a CD with 12 songs for $15 is $1.25 per song. Also one of the excuses people gave as to why they illegally download was that they were tired of paying for a full CD that only had 3 or 4 songs they actually liked. So now you can get those 4 sogns for $4. How is that expensive? Sure beats paying $12-$15 for a CD. I assume if you like a song you probaby plan on listening to it at least 100 times within your lifetime. So at $1 per song that's 1¢ for every time you hear it. Is that too much for a song you really really like? That's about 15¢-20¢ an hour to listen to your favorite music. What other entertainment option is that cheap? Movies, DVDs, video games? cable? I guess cable could be if you watched it 12-15 hours a day.

Skeedatl
Ah, push it - push it real good
Premium
join:2007-12-26
The Cloud
·Verizon FIOS
·Cox HSI
·MegaPath
·Cox VOIP
·Verizon west (ex G..
·ViaTalk
·Time Warner VOIP
·RoadRunner Cable

It was a great idea...

...but the technology sucks. I have a Creative Zen Vision and PlaysForSureWhenItFeelsLikeIt worked like ass. It would constantly lose authorization for different tracks but you wouldn't know it until you actually played the track. I went on a trip to Vegas just to find out 3/4 of the tracks that were synced just 2 days earlier weren't authorized. When I got home I cancelled the service and shelved Creative's POS player.

viperpa33s
Why Me?
Premium
join:2002-12-20
Bradenton, FL
·Bright House

Re: It was a great idea...

said by Skeedatl See Profile :

...but the technology sucks. I have a Creative Zen Vision and PlaysForSureWhenItFeelsLikeIt worked like ass. It would constantly lose authorization for different tracks but you wouldn't know it until you actually played the track. I went on a trip to Vegas just to find out 3/4 of the tracks that were synced just 2 days earlier weren't authorized. When I got home I cancelled the service and shelved Creative's POS player.
I knew someone who had the same problem. Would always lose sync at the worst times. He ended up dumping there service as quick as he got it.
BF69

join:2004-07-28
Camden, TN

said by Skeedatl See Profile :

...but the technology sucks. I have a Creative Zen Vision and PlaysForSureWhenItFeelsLikeIt worked like ass. It would constantly lose authorization for different tracks but you wouldn't know it until you actually played the track. I went on a trip to Vegas just to find out 3/4 of the tracks that were synced just 2 days earlier weren't authorized. When I got home I cancelled the service and shelved Creative's POS player.
Napster sell DRM-free songs now.

Skeedatl
Ah, push it - push it real good
Premium
join:2007-12-26
The Cloud

Re: It was a great idea...

Too late for them. I'll never go back.

softimage

join:2002-09-04

music

i had nothing but a great time with my dell dj and napster sub. i never had that sync prob.

i switched to zune and basically have the same thing. the thing is there's 2 types of people, one that will pay for music if its reasonably priced like napster and zune marketplace. and those that don't care what the price is they just want an excuse to steal it. thats fine but at least be honest about it and stop blaming the services or hardware.

~$15 a month for all the music u want, to me is a great deal.
Packerman

join:2004-04-15

DRM Free

I download tracks drm free for 99 cents. I like it never have any problems. Can use it with any player I have.

napster is good

@comcast.net

I've been a subscriber since 2003/04

can't beat it -can play whatever you want for just 10-15 a month and can buy mp3's for 79 cents if you buy in bulk.
Its easily the best music value out there.
I love napster.
Think of a song? then play it on napster.

R1

join:2003-03-08
Buffalo Grove, IL

Re: I've been a subscriber since 2003/04

Uh-huh...
espaeth
Misanthrope
Premium
join:2001-04-21
Minneapolis, MN
·Comcast
·Embarq

Actually, I agree with you on this one. When I bought a new car back in Feb I had the option of adding Sirius radio for $430 up-front + $12.95/mo. Instead I elected to sign up for Napster to Go for $14.95/mo with a 12 month commitment to get the free MP3 player, as my car has an AUX input by default.

It's been a pretty good service overall. I love that I can constantly keep changing out the tunes on the player based on how my interests differ from week to week. The only frustrating part is it seems some of the labels withdrew some of the content made available to Napster after they started offering DRM-free music for purchase.
Forums » Napster Aims To Make Profits In Mobile Music Market


Thursday, 21-Aug 09:16:45 Terms of Use | Privacy Policy | Hosting by www.nac.net - DSL,Hosting & Co-lo | feedback | contact
over 9 years online! © 1999-2008 dslreports.com.