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May 17, 2005

Napster Plans To Hold Pricing

Reuters: Speaking to fund managers at the J.P. Morgan technology investment conference yesterday, Napster CEO Chris Gorog said his company does not plan to cut the price of its online music subscription service despite new competition from Yahoo - he'll wait and see what the impact is first - preferring not to position the online music subscription service as a discount product...According to the article, Gorog said he saw a long future ahead for media subscription services. "We think people are going to start valuing their ownership of media a lot less...This is going to happen on movies too."

Posted by Todd in Napster | Permalink


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