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Napster's brand and logos were acquired at a bankruptcy auction by Roxio which used them to re-brand the Pressplay music service as Napster 2.0. In September 2008, Napster was purchased by US electronics retailer Best Buy for US $121 million. [27] On December 1, 2011, pursuant to a deal with Best Buy, Napster merged with Rhapsody, with Best Buy ...
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 [3] [4] is a music streaming service based in Seattle, Washington, United States. Until 2016, the service was known domestically as Rhapsody before rebranding as Napster, the same name brand that was used by Roxio's Napster .
Napster (napster.com) costs $10.99 per month ($14.99 monthly for a family plan; you can test drive it on a 30-day free trial) with 110 million-plus tracks from artists like Beyoncé, Taylor Swift ...
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Scott has been written about in books including The Facebook Effect: The Inside Story of the Company That Is Connecting the World, [7] All the Rave: The Rise and Fall of Shawn Fanning's Napster, [8] The Customer Revolution, [9] and Growing Up Digital, [10] as well as in numerous magazine and newspaper articles internationally.
When it launched on June 1, 1999, the peer-to-peer music sharing service responded to a real need. It also heralded a troubling new ethic in tech that still shapes our world today.
On June 1, 1999, Fanning released a preliminary beta program of Napster and soon, hundreds of college students at Northeastern were trading music. [2] Sean Parker was the co-founder. They got the name from Shawn's Harwich High School nickname "Nappy", in reference to his hair texture. Shawn played on the Harwich tennis team.