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Napster Announces Postponement of Annual Meeting
Sep 15, 2008
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LOS ANGELES, Sep 15, 2008 (BUSINESS WIRE) -- Napster, Inc. (Nasdaq:NAPS) announced today that its 2008 Annual Meeting of Stockholders, originally scheduled to be held at 10:00 a.m. on Thursday, September 18, 2008, has been postponed. The postponement was made in connection with the announcement today that Napster has entered into a definitive merge...
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Best Buy to Acquire Napster
Sep 15, 2008
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MINNEAPOLIS & LOS ANGELES, Sep 15, 2008 (BUSINESS WIRE) -- Best Buy Co., Inc. (NYSE:BBY) and Napster Inc. (NASDAQ:NAPS) announced today that the two companies have entered into a definitive merger agreement for Best Buy to commence a tender offer for all outstanding Napster shares at a price of $2.65 per share in cash. The transaction, with an aggr...
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Napster and U.S. Cellular Expand Integrated Music Program Through New HTC Touch-Screen Handset
Sep 10, 2008
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LOS ANGELES, Sep 10, 2008 (BUSINESS WIRE) -- Napster (Nasdaq:NAPS), the pioneer of digital music, and U.S. Cellular Corp. (NYSE:USM), one of the nation's largest wireless service carriers, today announced a marketing agreement that will bring a free, 30-day trial of the Napster To Go service to U.S. Cellular customers who purchase the brand new HTC...
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Independent Proxy Advisors Spurn Napster Dissidents
Sep 8, 2008
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LOS ANGELES, Sep 08, 2008 (BUSINESS WIRE) -- Napster Inc. (Nasdaq:NAPS) announced today that two leading independent proxy advisors--PROXY Governance Inc. and Glass Lewis & Co. -- have concluded that all three dissidents seeking seats on the company's board lack the qualifications to be elected.
PROXY Governance, in declining to endorse any of ...
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Napster to Offer Digital Music Service across Wide Range of Lenovo Notebooks and Desktops
Sep 5, 2008
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LOS ANGELES, Sep 05, 2008 (BUSINESS WIRE) -- Napster (Nasdaq:NAPS), the pioneer of digital music, and Lenovo today announced a co-marketing agreement under which Napster's award-winning music subscription service will be offered as a free 14-day trial on most new Lenovo notebook and desktop PCs in the U.S. and Canada.
The roll out will give Len...
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Napster Concludes Dissident Candidates Unqualified for Board Seats
Aug 29, 2008
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LOS ANGELES, Aug 29, 2008 (BUSINESS WIRE) -- Napster Inc's (NASDAQ:NAPS) directors today mailed stockholders a letter underscoring that the three dissident board candidates are unqualified, and urged the re-election of experienced, independent directors Richard J. Boyko, Philip J. Holthouse and Robert Rodin.
In the letter, Napster directors not...
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Napster Reports $30.3 Million in First Quarter Sales and Positive Results From New MP3 Initiative
Aug 11, 2008
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LOS ANGELES, Aug 11, 2008 (BUSINESS WIRE) -- Napster (NASDAQ:NAPS) today reported financial results for its first quarter ended June 30, 2008.
"Napster delivered a solid first quarter of $30.3 million in sales, which was relatively flat compared to the fourth quarter of fiscal 2008 reflecting the beginning of the summer season," said Chris Goro...
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Napster Schedules First Quarter Conference Call
Jul 29, 2008
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LOS ANGELES, Jul 29, 2008 (BUSINESS WIRE) -- Napster, Inc. (Nasdaq:NAPS) today announced that it will report financial results for its first quarter of fiscal 2009 ended June 30, 2008 on Monday, August 11, 2008 after the close of market.
The company will host a conference call for analysts and investors at 2:00 p.m. PT (5:00 p.m. ET). Participa...
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Napster Offers Complete ABBA Catalog in MP3 Format
Jul 25, 2008
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LOS ANGELES, Jul 25, 2008 (BUSINESS WIRE) -- Napster (Nasdaq:NAPS), the pioneer in digital music, today announced the debut of the complete catalog by the Swedish disco-area pop sensation ABBA in MP3 format.
ABBA achieved greater commercial success than any other international band of the 1970s. With its instantly recognizable synth-pop, light-...
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Napster Debuts New Over-The-Air Video Service in Japan and Offers Unlimited Over-The-Air Music and Videos on New NTT DoCoMo Handsets
May 27, 2008
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LOS ANGELES, CA, May 27, 2008 (MARKET WIRE via COMTEX News Network) -- Napster (NASDAQ: NAPS), the pioneer of digital music, announced today that its unlimited over-the-air mobile subscription service in Japan will now include unlimited access to a high-quality digital video service to complement its music subscription service. The new video servic...
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Napster Hits Record Revenues of $127.5 Million in Fiscal 2008 and Generates Fourth Consecutive Quarter of Positive Cash Flow
May 21, 2008
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LOS ANGELES, CA, May 21, 2008 (MARKET WIRE via COMTEX News Network) -- Napster (NASDAQ: NAPS) today reported financial results for its fourth quarter and fiscal year ended March 31, 2008.
"Napster concludes fiscal 2008 with annual revenue growth of 15%, positive cash flow throughout the fiscal year and a significant year over year improvement i...
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Napster Launches World's Largest MP3 Store Featuring 6 Million Tracks
May 20, 2008
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LOS ANGELES, May 20, 2008 (BUSINESS WIRE) -- Napster (Nasdaq:NAPS), the pioneer of digital music, today announced the launch of the world's largest and most comprehensive MP3 store at www.napster.com/store.
Napster's download store is more than 50% larger than any other MP3 store and boasts not only the largest major label MP3 catalog in the in...
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Napster Schedules Fourth Quarter Conference Call
May 7, 2008
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LOS ANGELES, CA, May 07, 2008 (MARKET WIRE via COMTEX News Network) -- Napster, Inc. (NASDAQ: NAPS) today announced that it will report financial results for its fiscal fourth quarter and year ended March 31, 2008 on Wednesday, May 21, 2008 after the close of market.
The company will host a conference call for analysts and investors at 2:00 p.m...
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Napster to Deliver Record Revenues of $127 Million in Fiscal 2008 and Fourth Consecutive Quarter of Positive Cash Flow
Apr 3, 2008
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LOS ANGELES, CA, Apr 03, 2008 (MARKET WIRE via COMTEX News Network) -- Napster (NASDAQ: NAPS) today provided a preliminary outlook for its fiscal fourth quarter and year ended March 31, 2008. Napster expects that revenue for the fourth quarter of fiscal 2008 will be approximately $31 million. This is at the high end of the company's prior guidance ...
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Global Demand Growing for Napster Mobile, Powered by Napster and Ericsson, as AT&T Extends Offering
Apr 2, 2008
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With the global customer base for Napster Mobile expanding by millions in the first quarter, Ericsson (NASDQ: ERIC) and Napster (NASDAQ: NAPS) continue to lead the way in meeting demand for and delivering a superior mobile music experience worldwide.
Announced just last week, AT&T plans to make Napster Mobile availabl...
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AT&T Offers More Music Choices and Customization to Mobile Music Lovers
Mar 27, 2008
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SAN ANTONIO, March 27, 2008 - The ever-growing world of mobile music just got bigger. AT&T Inc. (NYSE:T) announced today the immediate availability of two new music applications - mSpot's Make-UR-Tones and Remix - and plans to significantly expand offerings for Napster Mobile™ over-the-air downloads. Make-UR-Tones allows cu...
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Napster to Present at the B. Riley & Co. 9th Annual Investor Conference
Mar 18, 2008
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LOS ANGELES, CA, Mar 18, 2008 (MARKET WIRE via COMTEX News Network) -- Napster (NASDAQ: NAPS) today announced that Chairman and CEO Chris Gorog will present to investors at 8:30am PT on Thursday, April 3, 2008 at the B. Riley & Co. 9th Annual Investor Conference, being held at the Palms Casino Resort in Las Vegas, NV. An audiocast of the presentati...
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Napster and Ericsson Launch Mobile Music Service for UK's Leading Wireless Carrier -- O2 UK
Mar 14, 2008
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LOS ANGELES, CA, Mar 14, 2008 (MARKET WIRE via COMTEX News Network) -- Napster (NASDAQ: NAPS) and Ericsson (NASDAQ: ERIC) today announced the launch of the Napster Mobile music service with O2 UK, the leading wireless carrier serving the UK market with more than 18 million subscribers.
Co-developed by Napster and Ericsson, Napster Mobile is a p...
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Napster Reports Record Third Quarter Revenue and Posts Third Consecutive Quarter of Positive Cash Flow
Feb 6, 2008
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LOS ANGELES, CA, Feb 06, 2008 (MARKET WIRE via COMTEX News Network) -- Napster (NASDAQ: NAPS) today reported financial results for its fiscal third quarter ended December 31, 2007.
"Napster made strong progress during the quarter as we delivered record revenues of $32.8 million, posted our third consecutive quarter of positive cash flow, and ro...
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Napster and Ericsson Launch Mobile Music Service With Entel PCS in Chile -- First in Latin America
Feb 4, 2008
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LOS ANGELES, CA, Feb 04, 2008 (MARKET WIRE via COMTEX News Network) -- Napster (NASDAQ: NAPS) and Ericsson (NASDAQ: ERIC) today announced the launch of the Napster Mobile music service with leading Chilean operator Entel PCS to provide the Napster Mobile music service in Latin America for the first time.
Napster Mobile is based on Ericsson's se...
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