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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?"

3 of 229 comments (clear)

  1. More info... by scrm · · Score: 3, Informative

    here and here.

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    ---- scrm
  2. Here is... by kylus · · Score: 2, Informative

    ...another on CNET, for those of you who loathe free registration, or whatever :)

    --
    --Kylus
    Idiot-proof something, and Life will build a better Idiot.
  3. Brief History of Napster by choka · · Score: 2, Informative

    On Wired news there's a very brief history of Napster, from the cradle to the grave. Interesting read.