Wednesday, August 13, 2008

Napster drops more users

What's perhaps surprising is not that Napster has dropped 52,000 subscribers over the quarter; more that, somehow, it's still managing to pull revenues of USD30.3million in that time. You have to hope they're investing that cash carefully - i.e. not by buying stock in clumsy music subscription businesses.


No comments:

Post a Comment

As a general rule, posts will only be deleted if they reek of spam.