Hopes that Napster II may have been able to haul itself up by its boot-laces with its rent-an-mp3 scheme have been seriously dented by its first year-end figures.
It’s reporting that only 410,000 people have subscribed.
In the real world of online music, upwards of six million p2p music lovers are simultaneously online every minute of every day, and more than a billion files move around the Net every month, says p2p research firm Big Champagne.
People who use Napster’s ‘To Go’ service find their entire music collections have gone the instant they stop paying their monthly mp3 rental fees.
You coud, “join Napster To Go tomorrow, pay $180 to maintain your subscription during the next year, and during that time, download tens of thousands of music tracks,” says John Grubber on his Daring Fireball blog:
“But if you cancel your subscription next year, all of that music will stop working. It will stop working on your computer, and it will stop working on your little Napster-compatible portable player.”
Read the story @ P2Pnet News
