Napster Is No More: Officially Absorbed By Rhapsody
Today will officially be Napster’s last day of existence after it will finally be taken over by Rhapsody. It has been nearly a month since Rhapsody announced it purchased the music site from Best Buy (who owned it since 2008), but the process has been finalized and as of tomorrow Napster is no more. read more
Found in: Industry, NewsRhapsody Acquires Napster
As "CNet reported":http://news.cnet.com/8301-31001_3-20114832-261/rhapsody-to-acquire-napster-scoop/ yesterday, Rhapsody acquired Napster subscribers along with other assets from Best Buy. Although specific details on the settlement were not disclosed, the site said that it didn’t appear that Best Buy made out well with the deal. read more
Found in: Music, NewsNapster Creator Among Warner Music Group Prospective Buyers
Sean Parker, best known as creator of Napster, has joined the number of those looking to purchase Warner Music Group.... read more
Found in: Music, NewsNapster Announces Unlimited Streaming, New Pricing Model
Remember 10 years ago when Napster was the new hot thing on the interwebs? You could download as much as you wanted, had access the rarest of the rare tracks and had no-strings-attached previewing of virtually everything. Then, Metallica and Dr. Dre crashed the party and ruined everything. The company shut down, and iTunes took over, giving money where money was due, as other peer-to-peer networks tried to pick up the slack.... read more
Found in: Music, NewsBest Buy purchases Napster to boost digital music prospects
As one of the most abused properties in the business, Napster has gone through many incarnations since it was among the first controversy-stricken file-sharing platforms to preview the wrath of the RIAA. Lawsuits followed by bankruptcy transformed the once-booming site into a modest subscription service, and low market value had all but wiped the company off the radar. ... read more
Found in: Music, NewsU.K. talking about taxing music downloaders
It's nice that every once in a while download news comes from a pragmatic, rather than disciplinary, realm. In the last few years, the tide of of industry crackdown on media piracy has only risen—the closing of peer-to-peer program Napster, the onset of RIAA lawsuits and the seizure of bit-torrents site OiNK but a few of the symptoms. ... read more
Found in: Music, NewsNapster jumps on the MP3 train
It’s been about eight years since Metallica was flipping its biscuits about the downloading machine that is Napster. Since then, the digital music base has found amicable ways of releasing tunes to the general public, teaming up with major record labels to offer DRM tracks for sale to paying subscribers. Created by Microsoft, DRM (Digital Rights Management) songs are laced with road blocks that prevent the buyer from duplicating the track, as well as distributing it to unauthorized users. Unfortunately, DRMs have proven to be less than efficient, seeing as that these digital tracks can only play on certain music... read more
Found in: Music, News