Tuesday, May 20, 2008

Napster now has an MP3 store

Oh - this is good! So very very good!! Can I say that finally some folks have seen the light and realised that DRM is not too good for business?

Napster Inc., the digital music service, on Tuesday opened the world's biggest MP3 download store with more than 6 million songs in a direct challenge to Apple Inc's iTunes store. The new Web-based music store will have digital songs from all major music labels as well as thousands of independent labels. The MP3-format songs will be compatible with the vast majority of digital media devices and mobile phones including Apple's popular iPod as well as its iPhone.

The new Napster service tries to take on Apple's dominance in digital music by offering fans more songs without copy protection or digital rights management (DRM). Most of the six million songs on the iTunes Music store are available with Fairplay DRM, which prevents the songs from being played on most portable players other than the iPod. Major labels in particular had previously been reluctant to allow online retailers to sell their songs without protection as a way to avoid piracy. As the industry outlook gets tougher more executives are willing to experiment or take a risk. (Reuters)

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