I had the opportunity to have dinner with the Senior Director of Global Content Operations for Napster. If you are not currently aware, Napster is now currently under the Best Buy umbrella, offering the ultimate digital music package, unlimited on-demand music streaming, via any PC or certain Internet connected TVs and home audio devices, as well as downloadable songs for one's permanent collection playable on any MP3 compatible device, including iPod®, iPhone®, and all music-enabled mobile phones.
She has been in the music digital distribution industry for over 12 years, starting at Universal Music Group as an associate director. She got involved in the industry because of the relationship she had with a friend who was currently doing the job she took over. She happened to be moving back into town as her friend was leaving and she very quickly adapted to the position, proving her leadership abilities, and succeeding in the role. With her current role at Napster, she is very involved with the future of digital distribution, helping set the tone for international laws and expectations. We discussed the opportunities that Napster currently presents with their streaming services and iTunes/Pandora similarities in platforms, which seems to provide a more affordable service on both fronts.
As I asked about the future of Napster and their digital content, we further entertained the digital distribution service, similar to Netflix, CinemaNow. CinemaNow is a digital entertainment service, also run by Best Buy, that offers instant access to an extensive library of premium video content for rental or purchase, including new release movies and TV shows, with no subscription required. Through the service, customers can seamlessly access content on a wide range of Internet-connected devices, including TVs, Blu-Ray Disc players and PCs from multiple manufacturers.
I then began to tell her about the research I am doing into video game digital distribution as well as my projections for how this service could be profitable. She suggested I talk with one of the analysts to get additional information about the licensing process and how things work for both Napster and CinemaNow to further understand the revenue stream.
Our relationship is only beginning and we plan to continue a monthly rhythm discussing the future of digital content, career development, and our personal lives. I am very grateful for the passion and intensity Jean has around solving for our customers and providing a complete solution for not just now, but also the future.
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