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Is Shawn Fanning's Snocap melting?

newtley writes "Rumors are swirling about the pending demise of Napster creator Shawn Fanning's Snocap, says former MP3.com CEO Michael Robertson. 'Articles mention a sale, but more likely it will be a shuttering and quiet bankruptcy,' he believes. 'Snocap represents a commonplace occurrence in the music business — an unprofitable retailer which withers and eventually dies.'"

4 of 93 comments (clear)

  1. Wha wha what? by Anonymous Coward · · Score: 4, Funny

    Unprofitable business goes out of business, news at 11.

    1. Re:Wha wha what? by snoggeramus · · Score: 1, Funny

      Actually, they should do this more often. I'd never heard of them before this happened.

  2. Must be global warming's fault! by sapphire+wyvern · · Score: 4, Funny

    Further evidence of global warming, obviously....

    1. Re:Must be global warming's fault! by BadAnalogyGuy · · Score: 4, Funny

      Wouldn't the increase in piracy correlate to a reduction of global warming?