Napster to launch new service in Japan

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Online music retailer Napster said Monday it will launch an over-the-air music subscription service in Japan.

The service, a joint venture between the company, Tower Records Japan and Japanese wireless carrier NTT DoCoMo, is an extension of the company's Napster To Go PC service, which allows for unlimited downloading and transfer of songs to portable music players and cell phones for a monthly fee.

The new Napster over-the-air service will be available to certain DoCoMo subscribers and Napster To Go customers.

Company shares fell 2 cents to $4.12 in morning trading on the Nasdaq Stock Market.
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