Market Currents

• Monday, September 15, 2008

• 10:21 AM In an effort to reach out to new customers, Best Buy (BBY) will acquire Napster (NAPS) for $121M. Napster has 700K digital entertainment subscribers. NAPS +86.7% to $2.54. Comment!

• Monday, August 11, 2008

• 16:22 PM Napster (NAPS): FQ1 EPS of -$0.10 misses by $0.01. Revenue of $30.3M (-6%) vs. $30.5M. Shares -1.1%. [PR] Comment!

• Tuesday, July 8, 2008

• 15:43 PM Struggling music subscription services RealNetworks (RNWK) and Napster (NAPS) are betting on new partnerships with wireless carriers Verizon (VZ) and AT&T (T). The benefits look good on paper, but have yet to make a serious impact. Comment!