Napster struggling in music service race

By Julio Franco
Feb 19, 2004
  1. Despite of the fact Roxio's revamped version of the Napster client is the second most used music download service on the net, it's losing big bucks, up to $15 million in its first two months of operation according to this article at Mercury News.

    But in the days leading up to Napster's re-launch in late October, HP suddenly -- and without explanation -- returned Napster's $250,000 check and canceled the agreement to install a link to Napster's online music service on its computers. Worse, in January HP announced a surprise partnership with Napster rival Apple Computer to feature the iTunes Music store on HP computers and sell Hewlett-Packard branded iPod music players.
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