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Napster was founded by Shawn Fanning and Sean Parker. [3] Initially, Napster was envisioned by Fanning as an independent peer-to-peer file sharing service. The service operated between June 1999 and July 2001. [4]
Napster's legacy: 4 ways the software changed the music industry, from streaming to how artists make money An internet site appears on a computer screen as a user downloads music onto a minidisc ...
Now, only superstars like Ulrich can make money on streaming. The indie artists who were fine with Napster in 1999 are now protesting outside Spotify’s offices and working to unionize.
Sean Parker (born December 3, 1979) is an American entrepreneur and philanthropist, most notable for co-founding the file-sharing computer service Napster, and was the first president of the social networking website Facebook.
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.
The deal is set to close in Q4 of this year, and it will include Napster's "700,000 digital entertainment subscribers, web-based customer-service platform and mobile capabilities."
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 .
The notorious brand is now part of a live online music company.