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| vetelmo |
Posted: Mon May 01, 2006 8:02 am Post subject: NAPS - Napster |
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Napster today unveiled its new online music service at Napster.com, which allows users to listen to over two million songs in the Napster catalog up to five times for free.
The new site is offered in addition to the Napster subscription music business and only requires a free user name and password to access Napster tracks.
Piper Jaffray analyst Gene Munster said the new ad-based service, which attracts approximately two million unique visitors per month, adds potential for earnings upside in 2006.
The analyst maintained his “outperform” rating and $6 price target on Napster shares.
Napster.com aims to become a community site where listeners can listen to songs for free, make recommendations, post reviews and sign up for Napster subscriptions. New features on Napster.com include NapsterLinks, where users can link to Napster tracks, and the Narchive, a public music archive.
“Napster was born of the idea of eliminating all barriers to discovering, enjoying and sharing music and of putting the power in the hands of fans,” said Napster chief executive officer Chris Gorog in a company statement Monday.
The key to Napster.com’s success is the company's ability to secure initial advertisers “right out of the gates,” according to the analyst.
More on this Article
I don't download music anymore but Im interested in knowing what others think of this new addition to their service. The music companies get a piece of the advertising income so they seem to like it. I personally wouldn't use it if I could only listen to it 5 times. Also, does anyone think this will lead to people hacking the program so that they can use the music they download to their free will? |
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| Benjamin |
Posted: Mon May 01, 2006 8:21 am Post subject: |
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The 5 free plays is a good idea, but I would be afraid of what software you'd have to download in order for them to track how many times your listening to what and what else you may be doing online.
It's possible it's all part of the song file, but without getting info from your machine I doubt they could track it well.
Anyway, if word gets out they are spying on you it'll hurt business and they can give you 50 free plays and not get much more business. |
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| vetelmo |
Posted: Mon May 01, 2006 8:28 am Post subject: |
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| Thats a good point, because alot of these online advertisements like to lay tracking cookies on your computer. I actually control which cookies I allow because of that. But that can be iriitating too, lol. Do you know how many cookies Iblock a day? At least 10 and sometimes close to 30. |
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| Im Not Warren Buffett |
Posted: Tue May 02, 2006 5:11 am Post subject: |
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| I tried to use Napster to listen to a song or two, but the software wouldn't work on my computer... not that I would actually sign up for Napster, but whats the point of a free trial if it doesn't work? |
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| MrT |
Posted: Tue May 02, 2006 5:16 am Post subject: |
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| Benjamin wrote: | | Anyway, if word gets out they are spying on you it'll hurt business and they can give you 50 free plays and not get much more business. |
Eh, I think that a lot of 'legitimate' internet companies do that anyhow to some extent when you download their software, I've getten used to it and just block them with my firewall. Sadly, I don't think many people are that knowledgeable with computers to know if a particular program is spyware or not, or how to stop it. It can hurt business though if the software makes headlines for being spyware or whatnot. |
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| vetelmo |
Posted: Sun May 07, 2006 3:31 pm Post subject: |
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I agree Mr T. not enough people do know about the spyware.
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This stock took a little tumble after coming out with this news. I don't have a lot of confidence that this stock is going to all that well in the next few months. Looking at it's P&F charts, it shows alot of resistance. They are a customer of Portal Software for there billing, which was recently purchased by Oracle. |
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| InvestingMac |
Posted: Mon May 08, 2006 8:11 am Post subject: |
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This discussion sort of reminds me of the Sony rootkit fiasco.
Sony was packaging a rootkit that installed itself on your computer when you loaded on a new music CD. From what I heard, it used around 5% of your CPU at all times which is how it was first found. |
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