napster relaunch loss
roxio had high hopes for napster, but things aren’t as simple in the new world with a new online music store cropping up every week…
Napster had revenue of $3.6m and a pre-tax loss of $15.1m
there’s a lot of front-loading in that number, what with the expenses of relaunching the site and implementing the new drm and writing the new terms documents – i was going to build the meta-roj music store for a cool million, so that’s only off by a factor of 18.