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[Napster] 11 - End of the Road.mp3

Posted by CmdrTaco on from the wiping-a-single-tear-from-my-cheak dept.

psoriac writes "Looks like the long sad saga of Napster is drawing to a final close; after being shut down by the courts, losing its execs, filing for chapter 11, and having its sale to Bertelsmann AG blocked, the remaining physical assets of Napster are being sold at auction by Dovebid. The auction site is close to my house; I think I'll stop by and pick up some memorabilia."

4 of 137 comments (clear)

  1. Dovebid by GigsVT · · Score: 3, Interesting

    Did anyone buy any of the Enron stuff from Dovebid when that went down a while back?

    The main thing that discouraged me, other than lack of money, was the insanely high minimum proxy bid. Most of the stuff wasn't worth that much.

    It was also confusing the way they listed a lot of identical items seperately, and then also had "lots" but apparently the minimum bid was still something like $250 for each item in the lot, not the lot as a whole.

    --
    I've had enough abrasive sigs. Kittens are cute and fuzzy.
    1. Re:Dovebid by GigsVT · · Score: 2, Interesting

      I sorta got that impression from their FAQ that said something like "If you are looking to get something for a lot less than it's worth, don't waste your time and ours."

      Most of my experience is with storage unit auctions, I really get into those when I have some extra cash.

      It seems the opposite is true there, anything with a power supply goes for pennies on the dollar, but furniture and hard goods get bid up a little high, especially if they look like real wood and not that pressboard junk.

      That's for the ones where they actually unload the unit before bidding and let you bid on lots they make up on the spot, which is exceptional, but my favorite kind. Most unit auctions are blind, you just get to stick your head in the unit, then they start the bidding.

      Different class of bidders of course, I've seen people at storage unit auctions that I have a hard time believing they even have a house capable of containing the amount of junk they buy. :)

      I even saw people bid up a unit full of dirty old matresses once. That was about the most hilarious thing. I bet the previous owner of the unit just saw it as a cheap way to dispose of the things, since the landfill makes you pay to get rid of that kind of stuff, and charities won't touch those.

      --
      I've had enough abrasive sigs. Kittens are cute and fuzzy.
  2. IP by luphus · · Score: 2, Interesting

    Haven't seen this mentioned yet, but last I heard Roxio is buying Napster's intellectual property. Not sure what they intend to do with it though :)

    -nwp

  3. What happens to the owners? by The+Moving+Shadow · · Score: 2, Interesting

    Does somebody know what happens to the people who started Napster? Will they spend the rest of their life paying off their debts? Will no bank ever going to supply them credit again? Does setting up such a groundbreaking company and failing affect the rest of your life?

    If it does, i suggest them writing a book "The Woes of Napster - The Secrets revealed" ;)