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October 3, 2006
Napster Opens First Music Subscription Service in Japan
LOS ANGELES, Oct. 3 -- Napster (NASDAQ:NAPS) announced today that its award-winning digital music service is now available to music lovers across Japan, which is the largest music market in the world outside of the U.S. The new Napster Japan service is a product of the Company's joint venture with Tower Records Japan ("TRJ"), the leading music retailer in that country. The launch of Napster Japan marks the introduction of the digital music subscription model to Japanese consumers, who until now have only been able to experience digital music by paying for each track and album individually.
Napster Japan features a music catalog of nearly two million tracks spanning all genres from both major and independent record labels, including a library of local Japanese content and the largest collection of non-Japanese music available in the country. Tower Records Japan's extensive music resources and highly respected "voice" in the Japanese music industry have helped Napster Japan amass an abundance of significant editorial content and enables it to offer personalized recommendations and other powerful music discovery features specifically tailored to the Japanese market. The service also features a variety of community features, interactive, commercial-free radio stations, Napster playlists and other tools designed to enhance the digital music experience.
Napster, the pioneer of digital music, offers interactive music experience. Napster is headquartered in Los Angeles with offices in New York, London, Frankfurt and Tokyo.
Tower Records Japan Inc. is the number one music brand in Japan. With 108 stores located throughout the country generating approximately $700 million in annual sales, TRJ is the country's leading retailer of recorded music. TRJ also publishes leading music magazines that are circulated monthly to over 400,000 people and operates some of Japan's most popular music Web sites that attract approximately two million users per month.
Edited & Posted by the Editor | 11:25 AM | Link to this Post
