New Napster service is in the starting blocks
Hank Barry, the Napster boss, spoke about the completion of the new Napster exchange service in his New Years address. You now have a detailed draft that you do not want to present to the public yet. With the software they want to help Napster to become a completely normal company.
Barry expects a lot of competition in this market by the end of the year, so that there will be many comparable services besides Napster. He also reckons that some fans will turn away from Napster as soon as it is chargeable. After a short transition phase, however, he expects strong growth and is convinced of the success of Napster. Above all, Barry is currently looking for a successor for his position because he does not want to continue managing the company that has been incorporated into Bertelsmann. But he would like to work for Napster even after his departure. He already has some hopeful candidates for the position of CEO, as he says.