Song-swapping company Napster says it is delaying the launch of its subscription service again after running into serious snags in its settlement talks with the big record labels:
"Basically, we want what you want--a wide, deep range of content and the ability to do what you want with your music," the message says. "We think that's worth fighting for, and we're willing to push back our launch until we have it"
All of the major subscription services, including those owned by the major labels, are seeking the ability to let consumers transfer songs to portable devices such as MP3 players and to "burn" the songs onto CDs. So far the big record labels have been reluctant to give online services that power.
Without any revenue in sight, Napster's future is looking increasingly clouded. The company went through a second round of layoffs several weeks ago and has halted most efforts to add new independent music to its service.
Well I doubt we'll ever see the new Napster in action. And if we do how long it will last since its success is also doubtful. You can read the original article here.
Source: C|Net news.com
