Archive for August, 2008

Napster won’t rule out a sale (CNET)

Friday, August 29th, 2008
In a letter to shareholders, the struggling music service reminded them that they still employ an investment bank and are exploring "strategic alternatives" to staying public.

Napster won’t rule out a sale (CNET)

Friday, August 29th, 2008
In a letter to shareholders, the struggling music service notes it is still employing an investment banks and is exploring "strategic alternatives" to staying public.

Napster Concludes Dissident Candidates Unqualified for Board Seats (Centre Daily Times)

Friday, August 29th, 2008
Napster Inc's (NASDAQ:NAPS) directors today mailed stockholders a letter underscoring that the three dissident board candidates are unqualified, and urged the re-election of experienced, independent directors Richard J. Boyko, Philip J. Holthouse and Robert Rodin.

Napster Hires Investment Bank UBS, In Proxy Battle (socalTech.com)

Friday, August 29th, 2008
Los Angeles-based Napster, a provider of digital music services, disclosed that the firm has hired investment banker UBS Investments and is open to sale of the firm, as part of a proxy battle with what the firm calls "dissident board candidates." In a letter to its stockholders, Napster urged that its shareholders re-elect its current directors and ignore three dissident board candidates who are ...

Napster: ‘We’re Open To A Sale’; Vote NO On The Ice Cream Franchisee (CBS News)

Friday, August 29th, 2008
Troubled online music retailer Napster (NSDQ: NAPS) has hired UBS (again) to explore strategic alternatives, including a possible sale. The news was made in a letter to shareholders, urging them not to vote for three outside activists, looking to get representation on the board. In the letter, the company notes that the candidates' previous work experiencemusician, nursing home executive, ice ...

Napster: ‘We’re Open To A Sale’; Vote No On The Ice Cream Franchisee (paidContent.org via Yahoo! Finance)

Friday, August 29th, 2008
Troubled online music retailer Napster has hired UBS to explore strategic alternatives, including a possible sale. The news was made in a letter to shareholders, urging them not to vote for three outside activists, looking to get representation on the board.

Napster Concludes Dissident Candidates Unqualified for Board Seats (Business Wire via Yahoo! Finance)

Friday, August 29th, 2008
LOS ANGELES----Napster Inc’s directors today mailed stockholders a letter underscoring that the three dissident board candidates are unqualified, and urged the re-election of experienced, independent directors Richard J.

US judge dismisses adult sex films case (Independent Online)

Friday, August 29th, 2008
A US judge has thrown out a copyright infringement case against Veoh Networks, an Internet video start-up with high-profile Hollywood backers.

Crown Point’s Asteria comes home for local show (The Times of Northwest Indiana)

Thursday, August 28th, 2008
Crown Point's favorite rock 'n' roll sons -- Terrence Kline, Sam Henderson, Seth Henderson, Ryan Gullett and Brandon McQueen -- collectively known as Asteria, have been busy lads these last few months.

Disharmony at iTunes (Independent)

Thursday, August 28th, 2008
Five billion and counting fast. That is how many songs have been downloaded since Apple's iTunes music store flung open its digital doors in 2003, putting more than 8 million individual tracks within a click and a dollar of anyone with a computer. It is a phenomenal success. More than two-thirds of all paid-for downloads are bought from iTunes, and the store is now the biggest music retailer in ...