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Roxio To Concentrate on Online Music Business

Posted by michael on from the house-built-on-sand dept.

DevGhost writes "Roxio Inc. said on Monday it would change its name to Napster and focus on the money-losing online digital music service, selling its profitable CD and DVD software division to Sonic Solutions for $80 million."

3 of 288 comments (clear)

  1. Re:Talk about putting all your eggs in one basket. by JPelorat · · Score: 5, Informative

    Adaptec != Roxio. Adaptec sold their EZ-CD Creator cd-burning software to Roxio, but they aren't the same company.

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    Hokey statistics and ancient misconceptions are no match for a good thought in your head, kid!
  2. Re:Sounds like a solid business plan by darth_MALL · · Score: 4, Informative

    I'm not sure they are really all that profitable, except for the cash influx from selling the CD burning part. I'm not a financial type by any means, but I think they are damned whether they sell off or not. Here's the stock quote for Roxio

  3. Re:Talk about putting all your eggs in one basket. by Clith · · Score: 4, Informative
    Actually, Roxio is a spin-off company from Adaptec. All of the initial employees were Adaptec staff. So there are a large number of people who have been through the (soon to be) three different company names.

    What I want to know is whether Sonic was smart enough to grab the "Roxio" brand name along with the software?

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