WebProNews » sales figures http://www.webpronews.com Breaking News in Tech, Search, Social, & Business Mon, 13 Feb 2012 16:19:30 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 Napster Is Losing Subscribers http://www.webpronews.com/napster-is-losing-subscribers-2008-08 http://www.webpronews.com/napster-is-losing-subscribers-2008-08#comments Tue, 12 Aug 2008 16:37:29 +0000 Bruce Houghton http://www.webpronews.com/?p=46586

Napster The latest financial report from Napster showed only slightly wider losses of 4.4 m]]>

Napster The latest financial report from Napster showed only slightly wider losses of 4.4 million up from 4.3 million in the previous quarter. But a closer look at the numbers painted a much bleaker picture..

Raising the music subscription price from $9.95 to $12.95 monthly has led to to drop in subscribers from 760,000 to 708,000 just 90 days prior.  A switch to DRM free mp3 downloads failed to ignite much interest with download sales rising just 5% overall for the quarter. Read the full financial report here.

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