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"Napster  has lost Nand Gangwani, the company's CFO.  The loss of a CFO is always a topic that brings the discussion into high focus on a company's impending success, and with Napster's rocky existence these past few years, the same goes for the subscription-based music service.  \nAfter four years at the company, Gangwani has stepped down from his CFO position at Napster, though he will remain on board in an official role through the end of the year, as well as helping his replacement get settled into Napster, reports web pro news.  \nSo what's really going on with Napster?  The company finally settled  its ongoing court case with the National Music Publishers Association for $130 million.  That can take a chunk out of a company's reserves, but with the court case now in the past, can Napster focus on the future?  A partnership with AT&amp;T  and a new web-based subscription model spoke to Napster's desire to reform its business model, format for distribution and overall outreach to the consumer end, but Napster's stock continues to suffer, hitting an all-time low today at barely over $2/share.\nNevertheless, as various aspects of online media-sharing and purchasing options continue to merge (TiVo  and Rhapsody, for instance), perhaps Napster's move towards a more integrated presence is putting the company in the right direction.\n"^^<http://www.w3.org/2001/XMLSchema#string>
<http://mashable.com/2007/12/11/napster-loses-cfo-nand-gangwani/>