Napster®, a division of Roxio (Nasdaq: ROXI), today announced that it has recently become the first PC-only digital music service to sell over five million downloads. The Company also announced that it has served hundreds of millions of page views since its late-October launch and has attracted over 1.5 million basic and premium members. Napster, which generates multiple revenue streams from a unique combination of single and album downloads, prepaid download cards, premium subscriptions and the licensing of its popular brand, is expected to generate at least $20 million in music sales in its first year.
"This important milestone is a testament to the quality of the Napster experience and the strength and continuity of our senior management team, which is comprised of nearly all the same music industry professionals that have led the company for years," said Chris Gorog, Napster's CEO. "In this competitive market, Napster is defining itself as an immersive experience that enables members to legally explore and access the largest catalog of music available, experience the largest number of features and choose from 60 compatible digital music players, creating a very compelling offering for music fans."
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