|
123webguru News Desk
Ericsson, Napster team for music to mobile phones
NEW YORK/LONDON (Reuters) - Swedish telecoms equipment maker Ericsson (ERICb.ST: Quote, Profile, Research) has teamed up with online music company Napster (NAPS.O: Quote, Profile, Research) for a service that will let consumers download music to mobile phones, the two companies said on Wednesday.
They will license the Napster-branded music service to mobile phone carriers, much as Ericsson currently sells services such as text messaging and voice mail.
The deal between Ericsson and Napster, whose shares rose as much as 7 percent in early trading, comes as handset makers, mobile carriers, and established online players like Apple's (AAPL.O: Quote, Profile, Research) iTunes service battle for a piece of the nascent mobile music market.
Mobile carriers are concerned that devices like Motorola's (MOT.N: Quote, Profile, Research) long-promised iTunes phones will cut them out of the action, with consumers downloading music via their computers rather than paying the carriers to download music over a mobile network.
Meanwhile, record labels are betting that music downloads over mobile phones will become yet another revenue stream for digital music to offset expected declines in CD sales from piracy and competition from other forms of entertainment.
Napster and Ericsson said that their business model "accommodates mobile operator participation in all revenue streams."
Motorola hopes to ship its first iTunes phone this summer. Sony Ericsson, a joint venture between Ericsson and Sony (6758.T: Quote, Profile, Research) , said this week that it would be launching its own music-centric mobile phone under the famous Walkman brand.
The new Napster-Ericsson service is scheduled to go live in Europe over the next 12 months and will initially be offered to operators in Europe, Asia, Latin America and North America, the companies said. It will let consumers load music onto their phones via a computer or over a mobile network.
Los Angeles-based Napster offers songs primarily through a monthly subscription plan, in contrast to the market-leading iTunes' fee per song model. It is facing fresh competition from Yahoo (YHOO.O: Quote, Profile, Research) , which launched a similar subscription service last month that undercut Napster's price.
Napster shares were up 4.8 percent, or 19 cents, to $4.52 in early Nasdaq trading.
News Source
http://www.microsite.reuters.com
Top News
News of the Week
All News
Website design company
 |
|
123webguru Articles
Some tips before you create a Quality Web Site Design
It is very important to know the basics of creating a great Quality web design templates. This will decide whether your visitors would like to stay ...
Search Engine Optimization
Search Engine Optimization
If there’s one thing on that is often neglected and highly misrepresented it’s Search Engine Optimization. I don’t call myself ...
Simple Website Design
As Internet Technologies grows rapidly, innovative and unique website design concepts are coming. Before one decides on website design, it is essential ...
Search engines, directories and PPC-engines
Search engines are usually categorized into the following groups:
1. Search engines
2. Directories
3. PPC-engines - pay per click search engines ...
What is my competitive advantage
WHAT IS MY COMPETITIVE ADVANTAGE?
If someone asks you.. “Why should I choose you over these other guys?” What would your response be? This tells you ...
Browsers compliant website design
There are many websites on the web which doesn't open properly in a specific kind of browser. Even many of us must have experienced problems while browsing ...
|
|
 |
|
 |
|
