Napster, the online music download service which was recently relaunched by Roxio, is looking good.
Since their relaunch back in October, Napster have sold more than 300,000 songs online.
Premium subscribers are reported to have downloaded or streamed over two million songs and napster estimate they'll have over 80,000 Premium subscribers by the end of the year.
Chairman and CEO of Roxio, Chris Gorog said,
"Our first week's results have quickly established the new Napster as one of the largest online music companies in the world. Napster's winning combination of a la carte downloads and a subscription service is clearly very compelling to both consumers and partners. Our sales have surpassed our estimates for track purchases and we significantly exceeded our plan for subscriber growth. Napster is off to a very solid start and we’re particularly excited since our national advertising campaign has just launched. Additionally, our retail initiative is off to a powerful start, early reaction to the Samsung Napster Player has been great and we expect that our prepaid Napster Cards will make an important contribution to our growth. Napster's back, and music fans are responding very positively."
Demonstrating the broad appeal of the "all access" nature of its Premium service, Napster and Penn State University announced that Penn State will offer Napster to its students.
Penn State becomes the first university in the nation to offer their students legal access to the world’s largest library of digital music via the Napster Premium service. Penn State plans to roll out access to Napster to its students in January and plans to extend access to the music service to members of its alumni association in the future.
Penn State boasts the largest alumni association in the country with nearly 150,000 dues-paying members.
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