Napster cuts price and adds 5 downloads

Filed under: — By Aviran Mordo @ 5:15 am

Digital music supplier Napster said on Monday it is slashing its monthly subscription price to $5 and adding downloads of songs to its streaming service in a bid to expand its customer base and compete with Apple Inc’s iTunes.

It is the latest attempt by Napster to take on iTunes, the dominant digital music leader, and its first major strategic move since being taken over by retailer Best Buy Co Inc last October.

Los Angeles-based Napster said users can now get unlimited access to stream music from its library of 7 million songs and five free songs for download every month for a subscription fee of $5. Previously, Napster had charged subscribers $12.99 for a streaming-only service.


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