Napster passes 500,000 subscribers
Despite rumors of its demise, Napster said on Wednesday that its subscription service had surpassed 500,000 subscribers, including some 50,000 non-paying college users.
Earlier in the week, Web log Digital Music News cited sources within Napster who painted a much less rosy picture of the company. According to the alleged source, layoffs are imminent and executives were looking into exit options.
Read the complete story here. (BetaNews)
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