Perhaps hoping to tamp down rumors of problems, Napster announced today that it has passed the 500,000 mark for premium paid subscribers. That number doesn’t include the 50,000-plus college students who subscribe though Napster’s campus program. Chairman and CEO Chris Gorog: “With a track record of robust growth, exciting new development in the pipeline and over $100 million on our balance sheet, we are extremely excited about the future of Napster.” The company says more details will be provided during the Feb. 8 earnings call. Press release.
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