Napster slashes rates, offers unlimited streaming

Chicago (IL) - Napster has attempted to resurrect itself with a reduced monthly fee of $5. The company is currently offering users five "unrestricted" MP3 downloads (per month) along with unlimited access to Napster's on-demand music streaming service.

"There's no need to settle for 30-second clips to decide if you want to buy a song," spun Napster CEO Chris Gorog. "For five bucks now you can have access to our entire music catalog and get five MP3s to add to your permanent collection."

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