Tuesday, April 3, 2007

Napster Reports Subscriber Numbers

Los Angeles-based Napster has reported its latest subscriber numbers, saying this morning that it has more than 830,000 paid subscribers to its music download service. The company said that it expects to report $28M in revenue from its music services when it releases its fourth quarter results. The subscribers include 225,000 AOL Music Now subscribers, in addition to what the firm said was organic growth of 40,000 paid subscribers during the quarter. Napster is a provider of an online music download service.

---