Napster Claims 48,000 New Subscribers

Los Angeles-based Napster is claming that it has added 48,000 new subscribers to the firm's music download service this quarter, bringing the firm's total subscriber based to 566,000 paid worldwide subscribers. The publicly held firm provides digital download services and subscriptions of music. Napster said that it expects to report more than $28M in revenue for the quarter, including university and Napster Japan subscribers.