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Rhapsody To Acquire Napster

Posted by Soulskill on from the should-they-call-it-napsody-or-rhapster dept.

tekgoblin writes "Earlier today Rhapsody, the biggest premium on-demand music service in the U.S., announced that they would be acquiring Napster and finalizing the purchase of the company by the end of November. Best Buy, a huge global name in consumer electronics retail, is the current owner of Napster. Best Buy will only be keeping a minority stake after the sale of the company, while Rhapsody will acquire all Napster subscribers and additional assets."

1 of 59 comments (clear)

  1. Re:Amazing! by pushing-robot · · Score: 4, Insightful

    Every time I see one of these mergers this comes to mind.

    Well, that and the Looney Tunes cliche of two characters grabbing each other in mid-air before plummeting to the earth below.

    --
    How can I believe you when you tell me what I don't want to hear?