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Roxio is an American software company specializing in developing consumer digital media products. Its product line includes tools for setting up digital media projects, media conversion software and content distribution systems.
In 2002, Roxio bought the assets of the original Napster at its bankruptcy auction and acquired PressPlay in May 2003 for $40 million. [5] After integrating the services, Roxio launched a revamped Napster in October 2003, whereby users were able to download songs a-la-carte or pay for a monthly unlimited download and streaming media service.
Napster's assets were eventually acquired by Roxio, and it re-emerged as an online music store commonly known as Napster 2.0. Best Buy later purchased the service and merged it with its Rhapsody streaming service on December 1, 2011. [1] In 2016, the original branding was restored when Rhapsody was renamed Napster.
Gracenote, company that owns CDDB database, has filed a lawsuit against Roxio, Adaptec's spin-off company that develops Easy CD Creator (the most popular CD burning program in the world). Lawsuit is about Gracenote's CD recognition system; Roxio/Adaptec has used the technology in its Easy CD Creator and has paid all the licensing fees as they ...
The sale was a cash stock deal for just under $1 billion. According to a February 2011 article in Business Insider, Sonic yielded the highest return of any publicly traded company on the NYSE or NASDAQ markets. [10] Both stocks rose on the deal announcement, creating a 66% premium above market. The acquisition was completed early the next year.
Drive Letter Access (DLA) is a discontinued commercial packet writing application for the Microsoft Windows operating system that allows optical disc data storage devices to be used in a manner similar to floppy disks.
Main features of the Toast 6 are: video and photo DVDs can have menus and buttons; package includes ToastAnywhere, that uses Apple's Bonjour protocol to support burning discs from other Macs on the local network; compression and 128-bit encryption of files and folders before burning; support for all audio and video codecs supported by QuickTime; improved interface; creation of slide shows with ...
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