Napster to enter ringtone market

Napster has signed an agreement with Dwango Wireless to launch "Napster Mobile" across major North American carriers. "Napster Mobile" will initially offer wireless customers access to ring tones and will utilize an integrated solution extending from the PC to mobile devices via exclusive device-targeted promotional offers redeemable for PC downloads and subscription service through Napster's PC-based digital music service.

The service, which is scheduled to launch in the U.S. and Canada in 2005, will include a specially designed Napster interface. Napster Mobile customers will be able to choose ringtones that fit their lifestyle, musical tastes and mood from an extensive song catalog while they earn credits for use on Napster's full-featured PC service.