In a bid to gain ground in the Online Music business, Napster is offering songs for free... again
Napster has come full circle for the third
time, and is offering free music. There is one big catch though;
you can only listen to a song
five times. After the five times you will need to either buy the title
or sign up for
a monthly subscription to listen to that song. Napster
has 2 million tunes in its collection that users will be able to listen to
without having to use their credit card or download the Napster software.
This marketing driven new
model is similar to its competitor RealNetworks'
Rhapsody service which allows its users to sample 25 songs a month. Napster
offers a plan for $9.95 a month that offers its users unlimited online
listening, or $14.95 for a plan that lets its users transfer songs to certain
portable devices that does not include the most popular music player iPod.
All is not beer and Skittles at Napster. The
new Napster, relaunched in 200,3 has lost more than $73M USD in venture capital over the last
two years, according to equity firm American Technology Research.
"Folks that want porn can buy an Android phone." -- Steve Jobs
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