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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."

2 of 155 comments (clear)

  1. Why? by slipgun · · Score: 2, Redundant

    Just why are BMG doing this? It would seem they've missed the boat - no one is going to pay for something which before they could get for free. Are they just being stupid, or can they see something we can't?

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    SpamNet - a spam blocker that really works
  2. Irrelevant by Casca · · Score: 0, Redundant

    Napster is irrelevant.
    Filesharing is going quite strong.
    BMG is throwing good money after bad.

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    Casca