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Napster On the Block 144

Ars Technica has a good wrap of Napster hanging out a "For Sale or Partner" sign. With half a million subscribers (down from the previous quarter) and $100M in annual revenue, the company is still bleeding cash. El Reg pinpoints the trouble: "The subscription crowd – and Apple via iTunes – must fight over a few pennies per song in profit. More from the Vulture: "You have to wonder if Napster's customer base is really worth the effort for a company such as Microsoft or even Real. The Napster brand has all the gravitas of a Che Guevara t-shirt."
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Napster On the Block

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