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| Thread ID: 91129 | 2008-06-27 06:02:00 | Is the fat lady warming up for Napster....? | vitalstatistix (9182) | PC World Chat |
| Post ID | Timestamp | Content | User | ||
| 682949 | 2008-06-27 06:02:00 | Napster shareholders revolt over iTunes failure Perry Rod, Thomas Sailors and Kavan Singh are preparing an independent proxy after their May 21 application to Napster's board for nomination was rejected on June 13, according to a regulatory filing with the US Securities and Exchange Commission. They asked other shareholders to vote for them, as well as on proposals to separate the roles of chairman and chief executive, on executive compensation and on a bylaw to require a majority vote for the election of directors. Napster, which has 760,000 subscribers, has struggled to compete with Apple's iTunes online music store, which has more than 70 per cent market share. The shareholder group criticized Napster's management strategy in several areas, saying over a number of years it had had a "'just wait it out' mentality" in the hope that Apple's dominance in digital music would fade or that internet piracy would decrease. www.nzherald.co.nz |
vitalstatistix (9182) | ||
| 682950 | 2008-06-27 09:07:00 | She might be warming up for RIMM and Palm too. | vitalstatistix (9182) | ||
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