Advertising Guide

Napster waits for good times

napster

Napster is coughing up tons of cash in marketing and advertising program in its third quarter and is ready to bear the loss for a greener prospect.

Napster’s revenue has increased ninety four per cent in the recent years and reached to $23.5m. The same as revenue, however, the net loss also grew to $17m from last year’s third quarter profit of $12.8m.

Chris Gorog, Napster’s CEO says

Napster had a strong third quarter, adding substantially to our premium subscriber base which now totals in excess of 500,000 We have grown our premium subscribers 110% year over year confirming strong demand for Napster’s subscription product

Via [TheRegister]

and
[Tmcnet]

Dr Prem Jagyasi (c)

Dr Prem is an award winning strategic leader, renowned author, publisher and highly acclaimed global speaker. Aside from publishing a bevy of life improvement guides, Dr Prem runs a network of 50 niche websites that attracts millions of readers across the globe. Thus far, Dr Prem has traveled to more than 40 countries, addressed numerous international conferences and offered his expert training and consultancy services to more than 150 international organizations. He also owns and leads a web services and technology business, supervised and managed by his eminent team. Dr Prem further takes great delight in travel photography.

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