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NEW RANT |
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WHO'S THIS ROBINSON GUY? |
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RANTS |
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BLOGROLLING |
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Tuesday, May 20, 2003 |
Roxio has purchased Pressplay and "plans to relaunch Pressplay under the Napster banner by the end of its current fiscal year, which runs until March 31, 2004.
Roxio has some reasons to be optimistic. Apple says customers downloaded two million songs, at 99 cents apiece, in the first 16 days its new iTunes store was open. But it's not yet clear how profitable the store will be in the long run, given the royalties Apple must pay to record companies and the cost of running all those iTunes ads on TV." [TheStreet]
12:55:40 PM
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© Copyright 2006 Gary Robinson.
Last update: 1/30/06; 2:42:00 PM.
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