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Napster Launches Free Music Site
Napster (NAPS Quote) launched a free Web-based music service to its existing subscription and download service on Monday, hoping to lure more customers into the Napster fold.
Analysts applauded the move, although shares of the company were recently up only 1.1%, adding a nickel to $4.68 on Monday, changing hands in busier-than-usual trading. Earlier Monday, the stock was as high as $5.10.
Napster.com visitors can now listen to full songs from Napster's 2 million songs for free, five times, before they are prompted to buy the single download or sign up for the paid subscription service. Listeners don't have to download a separate player to use the free ad-supported site. ...
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