Napster Surpasses 500,000 Subscribers
January 19, 2006 at 9:49 AM (PT)
NAPSTER reports it has doubled its subscribers in the past 12 months to over 500,000. The company has approximately 50,000 college students that get free service included with their tuition as part of the NAPSTER UNIVERSITY PROGRAM.
NAPSTER Chairman & CEO CHRIS COLOG stated, "With exciting new development in the pipeline and over $100 million on our balance sheet, we are extremely excited about the future of NAPSTER."