Roxio raises revenue guidance for Napster; projects $5.5 million for fiscal third quarter

Roxio, Inc., parent company of Napster, today announced that it is raising revenue guidance for the fiscal fourth quarter ending March 31, 2004 “due to strong consumer demand for both its online music service and software products.” Roxio now expects revenue for its Napster division to increase to approximately $5.5 million, which compares to $3.6 million in the fiscal third quarter. Revenue for its software division is expected to increase to approximately $26.0 million, as compared to $15.2 million in the immediately preceding quarter.

“Roxio

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