Napster, Inc. was originally founded as Roxio, Inc., a wholly owned subsidiary of Adaptec, Inc., in August 2000. On May 5, 2001, Adaptec transferred to Roxio substantially all of the assets of Adaptec's Software Products Group and on May 11, 2001, distributed substantially all of the shares of common stock of Roxio to Adaptec stockholders. On December 17, 2004, Roxio changed its name to Napster, Inc.
Napster, LLC, a wholly-owned subsidiary of Napster, Inc. was originally founded as Duet GP, a Delaware general partnership, by Sony Music Entertainment and Universal Music Group on December 21, 2000. On May 19, 2003, Duet GP converted into Napster, LLC and was acquired by Roxio, Inc.
When did Napster become a public company?
May 14, 2001 - Roxio, the former parent of Napster, began trading on NASDAQ under the ticker symbol "ROXI"
Nov. 27, 2002 - Roxio acquired substantially all of the assets of Napster, Inc.
May 19, 2003 - Roxio acquired Pressplay as the foundation for the relaunch of Napster
Oct. 29, 2003 - Roxio launched the Napster 2.0 online music service
Dec. 17, 2004 - Roxio sold its consumer software division to Sonic Solutions and changed its corporate name to Napster
Jan. 3, 2005 - Roxio changes its ticker symbol to "NAPS"
Where is the Company headquartered?
Napster is headquartered in Los Angeles, California:
Napster
9044 Melrose Avenue
Los Angeles, CA 90069
(310) 281-5000
When does Napster's fiscal year end?
Napster's fiscal year end is March 31.
How do I invest in Napster stock?
Napster stock is listed on the Nasdaq National Market under the ticker symbol "NAPS."
Does Napster offer a Direct Stock Purchase Plan?
Napster does not currently offer a direct stock purchase plan. Shares may be purchased through a registered broker or online trading service.
Does Napster pay a dividend or offer a Dividend Reinvestment Program (DRIP)?
Napster does not pay a dividend. We are currently investing cash back into the business to fund our growth initiatives, which should have a favorable impact on total shareholder return.
What is the Company's CUSIP number?
Napster's CUSIP number is 630797 10 8.
Who are Napster's independent auditors?
PricewaterhouseCoopers, LLC.
Who is the Company's outside legal counsel?
O'Melveny & Myers, LLP
Who should I contact for information regarding my stockholder account (Transfer Agent)?
Mellon Investor Services, our transfer agent, maintains all of our stockholder records. The transfer agent is available to assist with changes of address or changes in stockholder information. They will also handle issues related to lost or stolen stock certificates. Inquiries should be addressed to:
Napster, Inc.
c/o Mellon Investor Services
P.O. Box 3315
So. Hackensack, NJ 07606
In an effort to operate in a cost efficient environment, we have created a Online Investor Kit allowing you to easily download and print current information rather than receiving materials by mail.
How do I contact Napster Investor Relations?
You may submit comments or questions to Napster investor relations through the Contact IR page.
Do you have another question that hasn't been answered?
Please submit your question using the form below. Fields marked with an * are required.