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NAPSTER’S BACK
Napster 2.0 Now Live For Music Fans Nationwide LOS ANGELES, CA (October 29, 2003) - Napster, a division of Roxio (Nasdaq: ROXI), announced that the highly-anticipated Napster 2.0 music service went live to music fans across America today. The most well-known music brand in the world, Napster 2.0 offers consumers downloads for just 99 cents a song or $9.95 per album, CD burning, transfer to portable devices, decades of Billboard charts, shared playlists within the Napster community, exclusive and original content, interactive radio, music videos, and access to the world’s largest music store with more than half-a-million tracks and growing. "We have created the most exciting and comprehensive music experience in the world," said Chris Gorog, Chairman and CEO of Roxio, Napster’s parent company. "Napster 2.0 is extremely easy-to-use and music fans will find endless enjoyment as they search for, discover and share music." Napster 2.0 boasts an extensive list of exclusive tracks from leading recording artists, including: Coldplay, Wyclef Jean, David Bowie, The Strokes and The Ataris. The new service also features exclusive live sessions recorded in Napster’s Los Angeles studio from Guided By Voices, MxPx, Brian McKnight and Cold, among others. Exclusive tracks and live sessions will be regular features on the service. Napster 2.0 users can freely sample the world’s largest and most diverse online collection of music, featuring more than 500,000 tracks. A revolutionary user-friendly interface allows people to quickly search for music, discover new artists, burn CDs and transfer music to an array of portable devices. Any visitor to the service can download Napster 2.0 free of charge, watch music videos on demand, listen to 30-second music clips, browse decades of Billboard charts, read Napster’s online magazine, Fuzz, email tracks to friends, browse other members’ collections and take full advantage of the most robust music recommendation engine ever created - all without spending a dime. Napster 2.0 also allows users to import their existing music files from their hard drive into the service so they can store, organize and access all of their music from one central location. Napster’s customer support is available both via phone and email. Music fans also have the option to upgrade to the Napster’s premium service, which offers all of the features of Napster 2.0 plus unlimited online and offline listening, over 40 commercial-free, interactive radio stations and additional community features, all for just $9.95 a month. "For years, music fans have been asking for a compelling and legal online music service that gives them the ability to share and discover music, the freedom to take their songs anywhere they want, and the choice to pay as they go or subscribe monthly," said Napster President and COO Michael Bebel. "Napster 2.0 addresses everything consumers have been looking for and a whole lot more." Napster’s global partnerships enable fans to enjoy music anywhere - in the living room via Microsoft’s Windows XP Media Center Edition 4 and Gateway Hearth systems, or in the car, the gym or at the beach using the Samsung-Napster digital audio player. Additionally, Napster is working with Intel to co-promote the benefits of the Napster service running on Intel-based PCs. PCs featuring the Intel® Pentium® 4 Processor with HT Technology give music fans the power to easily manage and store their music collection while listening to their favourite artists on the PC. Napster will also have a significant retail presence this holiday season when pre-paid Napster Cards offering 15 songs for $14.85 become available in more than 14,000 leading retail stores nationwide by mid-November. The Napster Card will enable consumers to give the gift of online music and legally download music and burn CDs without the use of a credit card. Napster’s launch will be commemorated this evening with an exclusive concert at the House of Blues on the Sunset Strip in Los Angeles featuring some of the hottest artists in the nation. The event will be headlined by Ludacris and will feature Dashboard Confessional, Interpol, Metric and DJ Melo-D. More than 500 Napster fans received free tickets to be part of the celebration. About Napster Napster® is the world’s most recognized brand in online music. Napster has content agreements with the five major record labels, as well as hundreds of independents. Napster delivers access to the largest catalog of online music with more than 500,000 tracks spanning all genres and artists from Eminem to Miles Davis. Napster is a division of Roxio, Inc., (Nasdaq: ROXI), the Digital Media Company, provider of the best-selling digital media software in the world. Napster has offices in Los Angeles and New York.
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Safe Harbor Statement Except for historical information, the matters discussed in this press release, in particular matters related to demand for the Napster service, relationships with certain corporate partners including marketing partners and hardware and software manufacturers, relationships with content providers, and product development, are forward-looking statements that are subject to certain risks and uncertainties such as decreased demand for our products, increased competition, failure to develop new products or improvements to existing products, failure to maintain business relationships with our partners and general economic conditions, that could cause actual results to differ materially from those projected. Additional information on these and other factors are contained in Roxio’s reports filed with the Securities and Exchange Commission (SEC), including the Company’s Quarterly Report on Form 10-Q as filed with the SEC on August 14, 2003, copies of which are available at the website maintained by the SEC at http://www.sec.gov. Roxio assumes no obligation to update the forward-looking statements included in this press release. Copyright © 2003 Roxio, Inc. All rights reserved. Roxio and Napster are either trademarks or registered trademarks of Roxio, Inc. or its subsidiaries in the United States and/or other countries. All other trademarks used are owned by their respective owners. |
