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Napster posts net loss of 24 million.
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Grizzled Veteran
Join Date: Jan 2000
Location: South Dakota, USA
Status:
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How can they expect to stay afloat?
I think their business plan is "stupid" 
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Posting Junkie
Join Date: Jun 2000
Location: Union County, NJ
Status:
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BUAHHAHAHAHAHA
So much for their "subscription service".
Mike
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Moderator Emeritus 
Join Date: Mar 2001
Location: Austin, MN, USA
Status:
Offline
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That's the kinda news I like to see. 
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Addicted to MacNN
Join Date: Jan 2001
Location: Your Anus
Status:
Offline
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Someone needs to make a pardoy "Do the Math" ad.
Crappy Subscription Plan + 0 customers = -24 million
Great Online Music Store + Tons of customers = 290 million
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My sig is 1 pixel too big.
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Professional Poster
Join Date: Mar 2002
Status:
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Ends Fiscal 2005 With 412,000 Subscribers
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Professional Poster
Join Date: Mar 2002
Status:
Offline
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Now the truth is out. It is Napster that can't do the math.
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Professional Poster
Join Date: Mar 2002
Status:
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Damn, they are lossing $58/customer. I hope I did that right. It would be real embaresing if I hit the wrong key in the calculator.
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Mac Elite
Join Date: Aug 2002
Location: Chicago, IL
Status:
Offline
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Didn't Napster's Super Bowl commercial cost 24 million? 
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Senior User
Join Date: Mar 2005
Location: Nevada (Not Las Vegas)
Status:
Offline
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Those Napster Super Bowl comercials were rated the worst comercials in this years Super Bowl... I just can't imagine paying $15 per month and not even owning the music.
I download maybe 5 - 10 songs a month and that is plenty for me and it works on my iPod ( sometimes)
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27" iMac C2D
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Addicted to MacNN
Join Date: Apr 2001
Location: The bottom of Cloud City
Status:
Offline
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Originally Posted by Buckaroo
Ends Fiscal 2005 With 412,000 Subscribers
And how many of those are just users with the free trial?
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"Ahhhhhhhhhhhhhhhh"
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Mac Elite
Join Date: Mar 2005
Location: LV-426
Status:
Offline
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On a slight tangent: On MS music store (Rolling Stone magazine sept. 2004)
"Ted Cohen, EMI Worldwide's senior vice president of digital development and distribution, has seen Microsoft's site and describes it as "a better mousetrap" because it integrates the company's search and instant-messaging technologies. "I think it will be a serious competitor quickly," he says."
http://www.rollingstone.com/news/sto...as-player=true
Strangely I can't seem to find much information on how MS is doing with their "beta" music store (or the not so beta)
Napster will lose until they die, as will most companies that venture in the on-line music selling business. MS will not die so I wonder what they are up to.
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“Building Better Worlds”
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Professional Poster
Join Date: Jul 2003
Status:
Offline
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Originally Posted by nickw311
I just can't imagine paying $15 per month and not even owning the music.
Can they just burn them to cd like with iTunes?
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Addicted to MacNN
Join Date: Apr 2001
Location: The bottom of Cloud City
Status:
Offline
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Originally Posted by demograph68
Can they just burn them to cd like with iTunes?
Costs extra. $.75 Per song i THINK.
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"Ahhhhhhhhhhhhhhhh"
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