Napster says music cell phones will save company

Napster is positioning itself to become the leading content provider for music-enabled cell phones, CEO William Gorog said in a conference call after the close of Wednesday’s trading. Smallcap Investor reports.

“We have never had greater excitement,” Gorog said on the call. “We believe our base of on-demand music subscribers is greater than all other on-demand subscription services combined.”

“In 2008, music-enabled cell phones will easily eclipse sales of MP3 players,” Gorog said. “In the near future, most consumers will own a portable device that is compatible with Napster.”

emily | 9:32 AM | Music Phones |
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