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Best Buy Buys Napster

In a bid to challenge Apple's dominant iTunes music service, electronics retalier Best Buy plans to buy digital music service Napster for $121 million in cash. Best Buy announced on Monday it would pay $2.65... More...

BMG settles Napster lawsuit for $130M

Media conglomerate Bertelsmann AG has settled a copyright infringement case by paying $130 million US to the National Music Publishers' Association, a trade association that represents more than 700 U.S. music publishers. The latest deal... More...

Napster for sale?

Napster, which started its life as an illegal MP3 sharing service created by a college student in Visual Basic has evolved into a $100 million plus corporation. Despite the vast increase in revenue, the... More...

Napster trades on Nasdaq

Napster has begun its life as an independent company, following the completion of the sale of former parent Roxio's software operation. Roxio's stock began trading under the NAPS indent yesterday as the company dropped its... More...

Napster Calls on Linux

In an effort to help its large-scale customers conserve bandwidth and speed up the delivery of online music, Napster is using open standards technology from IBM as part of a cache-management system, the company says.... More...

Napster Is coming back

Roxio, provider of the best selling digital media software in the world announced today that it acquired Pressplay, the nation's premier online music service. As a result, Roxio has acquired a legal digital music distribution... More...

The rise and fall of napster

very interesting article... "Instead of feeling relieved, Napster Inc. chief executive officer Eileen Richardson was pacing the halls with worry. San Francisco's Hummer Winblad Venture Partners had committed to invest $13 million for... More...

Porn group offers to buy Napster

Barcelona, Spain-Based private Media Group Inc. offered to snap up Napster's most valuable remaining asset — its unique brand identity — for 1 million shares of Private's common stock, the bidding company announced in a... More...

Napster future seen bleak

Thanks Tony Phang. With the resignation of Thomas Middelhoff as chief executive of Bertelsmann AG, the future looks even bleaker for the debt-riddled and lawsuit-plagued music file swapping company, experts said on Monday. ... More...

Napster files bankruptcy

Saw this over on Slashdot, everyone say aaah... Napster, the embattled Internet music upstart which has been offline since July 2001, said Monday it has filed for bankruptcy protection. The... More...

Napster Sold For $8 Million

Less than three days after Napster founder Shawn Fanning and CEO Konrad Hilbers said they were leaving the project for good, along comes Bertelsmann with an offer they couldn't refuse: Buy Napster... More...

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