Tech Confidential Blog (Free subscription) | 23/07/2008
While digital music subscription services such as RealNetworks Inc.'s Rhapsody [RNWK] and Napster Inc. [NAPS] have augmented their services with DRM-free download stores in recent weeks, U.K.-based...
CrunchGear (Free subscription) | 23/07/2008
The UK’s Sky and Universal are the latest companies to try, and ultimately fail, to knock Apple’s iTunes off its high horse. The two have teamed up to launch a new service, due later this year, that will be one of those all-you-can-eat subscription schemes. Think Napster and Rhapsody. Thankfully, songs that are downloadable will [...]
Microweb News (Free subscription) | 23/07/2008
After six months is Napster then finally back again from cleared off. Temporarily only for 20,000 members, that the concretes-tests will export, but really. As for technique, the new Napster resembles strengthen the old version, as message [...]
Property investments (Free subscription) | 22/07/2008
Hedge funds ' £1bn HBOS killing Independent, UK - 6 hours ago By Sean Farrell, Financial Editor Hedge funds may have made more than £1bn from shorting shares in HBOS, whose £4bn rights issue faced intense pressure from ... Report: Hedge Funds May Seek Buyout of Napster - Digital Media Wire MP3 Newswire Report: Hedge Funds May Seek Buyout of Napster Digital Media Wire, CA - 7 hours ago Bloomberg noted...
Digital Media Wire (Free subscription) | 22/07/2008
New York - Struggling digital music service Napster (NASD: NAPS) , which has not posted a profit in four years and has seen its share price tumble 95% over the past six years, may be ripe for a takeover now that its nearly $70 million in cash and investments exceeds the $52.1 million its shares are valued at, Bloomberg reported. read more
SBWire Press Releases (Free subscription) | 21/07/2008
Today's Trade Alerts include: Purio Inc. (OTCBB: PURO), Wolverine Tube Inc. (OTCBB: WLVT), IMAX Corp. (Nasdaq: IMAX), Napster Inc. (Nasdaq: NAPS), Spreadtrum Communications Inc. (Nasdaq: SPRD) and Sirius Satellite Radio Inc. (Nasdaq: SIRI).
The Daily Swarm (Free subscription) | 21/07/2008
The speculation about Napster’s (NSDQ: NAPS ) fate has been going on ever since it relaunched under the new management, and once again, some new fuel to it: Bloomberg did a piece earlier today, noting that company could become takeover bait for hedge funds as its cash on hand exceeds company’s market cap, with stock continuing to plunge lower and lower (it reached a record-low $1.05 on July 16, but...
p2pnet (Free subscription) | 21/07/2008
p2pnet news view | Music:- If you’re a financial type, the quotes below might make perfect sense to you. If not ……… “At today’s valuation, Napster has the dubious distinction of being worth more dead than alive,” said a proxy signed by Web site developer Perry Rod, 29, Thomas Sailors, 49, an investor and former banker; and [...]
EmailWire.Com (Free subscription) | 21/07/2008
(EMAILWIRE.COM, July 21, 2008 ) DALLAS, Texas - Today's Trade Alerts include: Purio Inc. (OTCBB: PURO), Wolverine Tube Inc. (OTCBB: WLVT), IMAX Corp. (Nasdaq: IMAX), Napster Inc. (Nasdaq: NAPS), Spreadtrum Communications Inc. (Nasdaq: SPRD) and Sirius Satellite Radio Inc. (Nasdaq: SIRI). Purio...
No Rock & Roll Fun (Free subscription) | 20/07/2008
The legitimate Napster has failed to capture the world's imagination in the way it did when it didn't ask for money and, despite several relaunches, the company is still struggling. However, it's quite attractive as a takeover target - not because the brand has much value in it, nor because of the business model. More because it launched on a massive pile of cash from the first investment it pulled...
Global Intellect (Free subscription) | 20/07/2008
What’s the future of Napster now that it’s the laughingstock of downloading? According to Bloomberg, Napster is a possible takeover target for hedge funds in search of failing businesses whose cash on hand exceeds the value of their shares. One possible buyer is JDS Capital Management. Original post by Scott Thill
broadbandreports.com (Free subscription) | 20/07/2008
Most people haven t heard anything about Napster since the company went bankrupt in 2002 after lawsuits regarding the illegal filesharing taking place on the site. However, it s been an active company for the past four years since being bought and re-launched by Roxio Inc. It is now an online music-subscription service that controls about half of its market. Despite this, the company hasn t turned...
SeekingAlpha Internet Stocks (Free subscription) | 20/07/2008
Ron Haruni submits: Let the speculation begin. According to Bloomberg, Napster Inc. (NAPS), Internet’s first peer-to-peer music sharing service - could potentially become a takeover target. The Los Angeles-based company, which has seen its stock meltdown to 95% in six years - has become takeover bait for hedge funds as its cash on hand ($69.8 mln) exceeds company’s $66.5 mln market cap. Complete Story...
MakeUseOf.com (Free subscription) | 19/07/2008
Free music is and always has been one of the top internet favorites. (Remember Napster?) While the trend is already shifting from that dark p2p-age to the more civilized crowd, netizens today are still craving for free music and it IS available legally if you know where to look for it. iTunes Freebies With millions of song [...]
Paidcontent (Free subscription) | 19/07/2008
The speculation about Napster's ( NSDQ: NAPS ) fate has been going on ever since it relaunched under the new management, and once again, some new fuel to it: Bloomberg did a piece earlier today, noting that company could become takeover bait for hedge funds as its cash on hand exceeds company's market cap, with stock continuing to plunge lower and lower (it reached a record-low $1.05 on July 16, but...
