Napster, now a streaming service, sells for $207m to Infinite Reality
Tech startup says it bought company once linked to music piracy to transform it into a social music platform for artists
A brand that was notoriously connected to music piracy before re-emerging as a subscription music service, has been sold to Infinite Reality for $207m.
The tech startup announced on Tuesday it had bought Napster in hopes of transforming the streaming service into a social music platform where artists can connect with fans and better monetize off their work.
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Napster sold to tech commerce company for $207 million
Napster, a brand that was notoriously connected to music piracy before reemerging as a subscription music service, has been sold to Infinite Reality for $207 millionABC News - 17h -
Infinite Reality acquires revived music service Napster for $207M
Infinite Reality, a tech company focused on immersive digital media and ecommerce, has agreed to acquire music brand Napster for $207 million.VentureBeat - 23h -
Napster pioneered music sharing over 25 years ago. It just got bought for $207 million
Napster is getting acquired by Infinite Reality for $207 million, the latest chapter for a company whose brand is synonymous with early music sharing.CNBC - 1d -
Napster sold to tech firm Infinite Reality for $207 million
The firm backed by Steve Aoki and Imagine Dragons hopes to rebuild Napster into 'a social music platform.'Los Angeles Times - 19h -
Napster sold to tech startup for $207M
Napster was sold to a tech start-up Infinite Reality for $207 million, the digital media company announced Tuesday, as it looks to provide creators an opportunity to better engage with their ...The Hill - 16h -
Napster Sold to Tech Commerce Company for $207 Million
The service started by Shawn Fanning and Sean Parker shuttered long ago, but Rhapsody bought the brand in 2011.Inc. - 16h -
Spotify says it paid $10 billion in royalties in 2024 — but only 4% of its artists make a living
The music-streaming giant has long been the target of criticism from artists about paltry payments, but said it doled out record royalties last year.MarketWatch - Mar. 12 -
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The Brooklyn Academy of Music Is Fighting to Regain its Mojo
America’s oldest performing arts venue does not draw the attention or audiences it once did. Now it has lost another leader as it works to adjust to an uncertain future for cultural institutions.The New York Times - 3d
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