David Hurth's Blog

Sunday, January 14, 2007

Napster Buys AOL Music: What Is This Company Doing?

Napster announced the acquisition of AOL Music
’s subscription service. They’ll add 350,000 new subscribers, get promotion on AOL, and pay just $15 million in cash. It’s not a bad deal, except it adds more unprofitable customers to the struggling company, and the company’s war chest just got significantly lighter.

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