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Napster Execs Resign, Company Appears to Teeter

Posted by timothy on from the no-income-will-do-that dept.

renard writes: "The NYT is reporting that five top executives at Napster, including founder Shawn Fanning and CEO Konrad Hilbers, resigned yesterday. This occurs in the wake of their Board's rejection of the latest buyout offer from Bertelsmann AG - as Hilbers says, `I am convinced that not pursuing the offer is a mistake.' Could this be the end for the upstart MP3 indexing service that changed everything?"

10 of 229 comments (clear)

  1. Company Appears to Teeter by billnapier · · Score: 4, Funny

    Let's just hope it doesn't totter as well!

  2. Shawn Fannings CV by bodin · · Score: 5, Funny

    And for those who wants to hire Shawn, his CV
    is published at todays gnuheter:

    http://www.gnuheter.com/article.php?sid=1486

  3. Re:Revolutions Outlive Pioneers by Anonymous Coward · · Score: 1, Funny

    Yeah thanks to their pioneering, we know exactly what not to do. ie. no centralized server design for music sharing

  4. Why Bother? by TheNecromancer · · Score: 4, Funny

    Why should I buy Napster when I just downloaded it from Kazaa??

    --
    Attention all planets of the Solar Federation! We have assumed control! - Neil Peart
  5. Napster haiku by supabeast! · · Score: 4, Funny

    Napster spent millions
    Only the lawyers got rich.
    H. Rosen smiles.

    1. Re:Napster haiku by ObviousGuy · · Score: 3, Funny

      When I was your age
      We had software called Napster
      Before the Dark Times.

      --
      I have been pwned because my /. password was too easy to guess.
  6. In other news... by Night0wl · · Score: 3, Funny

    One boy in South Dakota crys at the loss. Hilary Rosen decides to use one of her four remaining orgasms to celebrate. Next expect use, 2024.
    Rest of population, doesn't really give a shit. Grandmother unavailable for comment.

    --
    Computational Madness in a round package.
  7. Dying. by popeyethesailor · · Score: 1, Funny

    Can we have a port of the *BSD is dying post to Napster please?

  8. Re:Ethics? by beleg777 · · Score: 2, Funny

    A Napster employee talking about ethics. Ah, the irony.

    --

    Science may someday discover what faith has always known.
  9. teetering? by mosch · · Score: 4, Funny
    Napster Execs Resign, Company Appears to Teeter
    If by 'appears to teeter' you mean 'fell into a bottomless abyss in 1999 and is still screaming, praying for the end', then i agree, it's teetering.