Napster, the one-time illicit file-swapping website converted to a legitimate digital music service, said on Monday it had sold over five million downloaded songs since relaunching last October.

The service acquired by the music software firm Roxio also said it has attracted hundreds of millions of web users and signed up some 1.5 million members.

The company said that based on these figures, it would generate at least 20 million dollars in music sales in its first year.

“This important milestone is a testament to the quality of the Napster experience and the strength and continuity of our senior management team, which is comprised of nearly all the same music industry professionals that have led the company for years,” said Chris Gorog, Napster’s chief executive. [more @ www.iafrica.com]

Posted Tuesday, February 24th, 2004 at 8:36 pm
Filed Under Category: Music Business
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