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BMG to Purchase Napster

Posted by michael on from the napster-plz-die-thx dept.

asv108 writes "In a dramatic reversal, Bertelsmann has agreed to purchase Napster's assets. Founder Shawn Fanning and CEO Konrad Hilbers are set to return to the company after announcing their resignation earlier this week."

6 of 155 comments (clear)

  1. Napster's assets? by cliffy2000 · · Score: 4, Funny

    Yes, my valuation of Napster is up there with Enron and Global Crossing. :)
    So many assets!

  2. in other words.. by swein515 · · Score: 5, Funny

    Founder Shawn Fanning...set to return to the company after announcing their resignation earlier this week.

    ..after realizing he had zero experience or skill to work anywhere else.

    1. Re:in other words.. by Ooblek · · Score: 3, Funny

      Not true! He could open up one of those little burn-your-own mix kiosks that you find all over the streets in China. I'm sure he has just a few gigs of mp3s these days.

  3. What they aren't allowed to do! by Bouncings · · Score: 3, Funny

    Yes, they purchased napster, but they aren't allowed to make copies of the company or share it with any of their partners. Shame. Although if you stick a post-it note on Shawn's face, you can clone him!

    --
    -- Ken Kinder ken@_nospam_kenkinder.com http://kenkinder.com/
  4. Re:This is good but by PepsiProgrammer · · Score: 5, Funny

    Well, at least SOMEONE is buying something from napster now.

    --
    "The United States has no right, no desire, and no intention to impose our form of government on anyone else." - Bush 05
  5. Can we expect? by tezzery · · Score: 3, Funny

    I guess we can expect a new download club from BMG where you download 4 songs for 49 cents, if you agree to buy another 3 at regular club prices?