Actually it doesn't... but printing out the lyrics of ANY song from Lyrics.com (I think thats the website) will do the same thing.... Even better really because you will never have to invest money to add songs to a karaoke system.
Don't let the fact that you won't have scrolling lyrics on a screen to stop you from buying this..... It is surprisingly a feature you will be happy with.... the system dubs out the vocals (but I believe you hear them at a faint level which actually helps the singer)
I have ordered it and haven't used it but I know quite a few people who have it and had the same concern about the lyrics, none of which are disappointed and are actually happy its made that way!!!
My daughters just got this and I'm looking for any info that states basically what you just said. The pictures on the box look like it has this functionality, but clearly it does not. Thank you for clarifying. I wish they stated this on the box.