Chris Gohlke
01-23-2006, 06:00 AM
<div class='os_post_top_link'><a href='http://digitalmusic.weblogsinc.com/2006/01/16/napster-reeling/' target='_blank'>http://digitalmusic.weblogsinc.com/2006/01/16/napster-reeling/</a><br /><br /></div><i>"I guess you can only live so long on Apple's leftovers. In the build-up to its February earnings call, Napster is busily denying reports that the company is imploding. With Apple claiming 83% of the US digital music market and 54% in the UK, that leaves Napster battling with RealNetworks, Virgin Digital, Yahoo! Music, WalMart and others for Apple's table scraps. As a result, Napster is rumored to be considering options ranging from mass layoffs to liquidation. A Napster representative countered the claims, telling Digital Music News that there are "no imminent plans for significant layoffs," which doesn't inspire confidence."</i><br /><br />In the end, competition is good for the market, so it will be a shame if Napster bites the dust.