Napster and BLOCKBUSTER Online(TM) Offer New 'Digital Duo' Card
Napster and BLOCKBUSTER Online(TM) Offer New 'Digital Duo' Card Popular Brands Join Forces to Deliver the Ultimate in Online Music & Film Entertainment Card Available Exclusively Through RadioShack Stores During Initial Launch LOS ANGELES and FORT WORTH, Texas, Nov. 23 /PRNewswire-FirstCall/ -- Napster, a division of Roxio (NASDAQ:ROXI) and the world's biggest brand in digital music, and Blockbuster Inc. (NYSE:BBI)(NYSE:BBI.B), a global leader in home movie and game entertainment, today announced the new Digital Duo card offering consumers one month of digital music and one month of BLOCKBUSTER Online DVD rental service for $20. The Digital Duo card will be offered exclusively at more than 5,000 RadioShack (NYSE:RSH) stores nationwide during the initial launch period. With 32-percent savings off the $29.42 retail value, the Digital Duo card provides unlimited access to Napster's million-plus song library, as well as two a la carte track downloads, and unlimited BLOCKBUSTER Online DVD rentals with up to three movies out at a time, plus two free in-store movie or game rentals, for the month-long duration of the card. Consumers can choose from more than 25,000 titles in the BLOCKBUSTER Online DVD library. Launched in time for the 2004 holiday season, the Digital Duo card empowers consumers to give their friends and family entree to the world of digital entertainment. With the BLOCKBUSTER Online service, movie fans can conveniently rent DVDs from the comfort of their home and have them delivered directly to their mailbox with no return dates or late fees. The service also includes two free in-store rental coupons each month for last-minute, gotta-have-it-now rentals. Meanwhile, Napster offers music lovers the most comprehensive digital music experience available with both its subscription and Napster Light a la carte download services. "BLOCKBUSTER Online has the instant brand recognition and massive catalog that make it the natural partner for Napster, and we're excited to be introducing the Digital Duo card together," according to Napster's SVP Business Development, Larry Linietsky. "Aligning the complementary subscription services to offer consumers a better value is a win-win for everyone. Now you can listen to music from Napster while you browse for DVD titles on BLOCKBUSTER Online. We expect this to be an extremely popular gift item during the holidays at RadioShack." Ben Cooper, Director of Acquisition Marketing and Business Development for BLOCKBUSTER Online added, "We believe people who like the convenience of going online for their music are going to like being able to do the same for their movies, especially when they can get great value and selection in the process. Together, with the Digital Duo card, BLOCKBUSTER Online and Napster can deliver the ultimate in online entertainment." The Digital Duo cards will be distributed exclusively through RadioShack's more than 5,000 company-owned stores at launch. RadioShack is a well-known provider of Napster prepaid cards, PCs, MP3 and DVD players. The retailer carries Napster's $14.85 15-song music download card and will also carry Napster's $49.40 60-song music download card. About Napster Napster(R), the world's biggest brand in digital music, is a subscription service that enables fans to access the world's largest and most diverse online collection of music and experience the largest number of features. Napster subscribers have more ways to discover, share and acquire new music and old favorites with community features like the ability to email tracks to friends and browse other members' collections. Subscribers to Napster can listen to full-length songs from every major record label and hundreds of independents on demand for a low monthly fee. Napster also offers Napster Light, a "lighter" version of the service for those who just want to purchase songs and albums a la carte. Napster is a division of Roxio, Inc., (NASDAQ:ROXI), the Digital Media Company, provider of the best-selling digital media software in the world. Napster is headquartered in Los Angeles. About Blockbuster, Inc. Blockbuster Inc. (NYSE:BBI)(NYSE:BBI.B) is a leading global provider of in-home movies and game entertainment with more than 9,000 stores throughout the Americas, Europe, Asia and Australia. The company may be accessed worldwide at www.blockbuster.com. Roxio Safe Harbor Statement Except for historical information, the matters discussed in this press release, in particular matters related to Napster's relationship with Blockbuster, Inc. are forward-looking statements that are subject to certain risks and uncertainties such as decreased demand for our services, intense competition and failure to maintain business relationships with our partners, that could cause actual results to differ materially from those projected. Additional information on these and other factors are contained in Roxio's reports filed with the Securities and Exchange Commission (SEC), including the Company's Quarterly Report on Form 10-Q as filed with the SEC on November 9, 2004, copies of which are available at the website maintained by the SEC at http://www.sec.gov/. Roxio assumes no obligation to update the forward-looking statements included in this press release. Copyright (C) 2004 Roxio, Inc. All rights reserved. Roxio, the Roxio tagline, Napster, Napster To Go, and Napster Light are either trademarks or registered trademarks of Roxio, Inc. or its subsidiaries in the United States and/or other countries. All other trademarks used are owned by their respective owners. Blockbuster Safe Harbor This news release contains forward-looking statements relating to Blockbuster's alliance with Napster to offer the "Digital Duo" card. Such statements include, without limitation, the expected scope and timing of the offering. These forward-looking statements are based on Blockbuster's current intent, expectations, estimates and projections and are not guarantees of future performance. These statements involve risks, uncertainties, assumptions and other factors that are difficult to predict and that could cause actual results to vary materially from those expressed in or indicated by them. Factors include, among others (i) consumer demand for the Digital Duo card, (ii) the impact of competitor pricing and product and service offerings; (iii) Blockbuster's ability to effectively and timely prioritize and implement its initiatives; (iv) Blockbuster's ability to timely implement and maintain the necessary information technology systems and infrastructure to support shifts in consumer preferences and any corresponding changes to its operating model, including support for its initiatives; (v) any failure to maintain business relationships relating to this offering; and (vi) other factors, as described in Blockbuster's filings with the Securities and Exchange Commission, including the detailed factors discussed under the heading "Cautionary Statements" in Blockbuster's Annual Report on Form 10-K for the fiscal year ended December 31, 2003. For further information, please contact: Nancy Sullivan, +1-310-201-8899, nsullivan@rogersandcowan.com, or John Conroy, +1-310-201-8878, jconroy@rogersandcowan.com, both of Rogers & Cowan, for Napster; or Jerianne Thomas of Blockbuster Inc., +1-214-854-3190, jerianne.thomas@blockbuster.com; or Charles Hodges of RadioShack Corporation, +1-817-415-3300, media.relations@radioshack.com. Source: Napster; Blockbuster Inc. CONTACT: Nancy Sullivan, +1-310-201-8899, nsullivan@rogersandcowan.com, or John Conroy, +1-310-201-8878, jconroy@rogersandcowan.com, both of Rogers & Cowan, for Napster; or Jerianne Thomas of Blockbuster Inc., +1-214-854-3190, jerianne.thomas@blockbuster.com; or Charles Hodges of RadioShack Corporation, +1-817-415-3300, media.relations@radioshack.com Web site: http://www.blockbuster.com/ ------- Profile: International Entertainment
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