Tuesday, May 16, 2006

Napster Grows Subscriber base to 606,000

At the end of March 31, 2006, Napster's total paid subscriber base was 606,000, including 59,000 university subscribers. Excluding university, the number of premium paid subscribers grew 16 percent from the preceding quarter and 54 percent year-over-year. Subscriber revenue, which consists of monthly subscription fees as well as downloads purchased by both paid and trial subscribers, represented approximately 87 percent of music revenue, compared to 86 percent in the immediately preceding quarter.

http://www.napster.com

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