Napster 2.0 by the holidays

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Roxio says its revamped online music service, Napster, will debut in time for the holiday season. Roxio is the current owner of the Napster name and plans to make good use of it, the new service, Napster 2.0, will likely debut with the largest legal music catalog in the world with close to half a million songs, Chris Gorog, chief executive of CD-burning software company Roxio, said Monday.

In the other hand, sales expectations for online music have been lowered considerably by industry analysts. RealNetworks, America Online, Amazon.com and potentially even Microsoft are planning to sell digital downloads in the coming months.

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