Monday, October 20, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Strong iPhone, Mac And App Store Sales Drive Apple's Record September Quarter Revenue And Earnings
Apple iOS 8.1 Available For Download
E FUN To Relase $179 Windows tablet
Microsoft And Dell Puts Azure In A Box
TDK Brings Wireless Charging To Electric Cars
Intel To Work With AT&T To Research Software Defined Networking
Intel Meegopad T01 Is A Bay Trail PC On HDMI Stick
Biostar Relases New iDEQ-T1 Compact Desktop
Active Discussions
How to generate lots of different CDs quickly
Yamaha CRW-F1UX
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
IBM supercharges Power servers with graphics chips
 Home > News > Optical Storage > Roxio u...
Last 7 Days News : SU MO TU WE TH FR SA All News

Saturday, December 13, 2003
Roxio updates business outlook


Roxio provided an update on its business outlook for the quarter ending December 31.

Roxio's digital media software business is performing ahead of the Company's expectations due to the strong performance of category leading products, Easy CD & DVD Creator® 6 for Windows, and Toast® for the Mac platform.

"We are increasing our guidance for software revenues to approximately $14.5 million and look forward to a very substantial increase in software revenues next quarter based on the upcoming release of Creator 7 in the first calendar quarter of 2004," said Chris Gorog, Roxio's Chairman and CEO.

The $35 billion dollar music industry is just beginning its transformation from physical to online distribution. While Napster has quickly established itself as one of the top two players in this sector, Roxio believes this very exciting market is still in its infancy as evidenced by reports from Neilson Soundscan indicating total single track sales last week by the entire online music industry were approximately 1.2 million.

"Given this current uptake rate by consumers, we now expect revenue for our online music business to be approximately $3.5 million for the December quarter. This represents a quarterly run-rate of approximately $5 million given that Napster 2.0 launched at the end of October. We expect Napster- related spending will decrease substantially going forward as we move away from our Launch quarter and into steady-state marketing activities. Napster has a number of exciting initiatives underway including our prepaid retail cards, the Napster BurnPak(TM) sold at retail and the agreement with Penn State for the Napster subscription service, which should all positively impact Napster's financial results starting in early 2004," concluded Mr. Gorog.


Previous
Next
Major update of Nero 6 including the Nero PowerPack available for download        All News        Major update of Nero 6 including the Nero PowerPack available for download
Major update of Nero 6 including the Nero PowerPack available for download     Optical Storage News      Major update of Nero 6 including the Nero PowerPack available for download

Get RSS feed Easy Print E-Mail this Message

Related News
New Roxio Toast 12 Delivers Digital Media Power for Mac
Roxio Creator NXT 2 Now Available
Roxio MediaBook for Windows 8 Released
Capture You GamePlay in HD With New New Roxio Game Capture HD PRO
New Roxio Creator NXT Released
Corel Completes Acquisition of Roxio, Introduces Roxio Easy VHS to DVD 3 Plus
Corel Acquires Roxio Business from Rovi
Roxio Toast 11 Released
Roxio Launches Video Lab HD with 3D
Roxio Adds 3D to Personal Media with Creator 2011
Roxio Releases Retrospect 8.2 for Mac
RoxioNow Available on Panasonic UniPhier System LSI

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .