Create an Account
username: password:
 
  MemeStreams Logo

Napster to relaunch

search

Rattle
Picture of Rattle
Rattle's Pics
My Blog
My Profile
My Audience
My Sources
Send Me a Message

sponsored links

Rattle's topics
Arts
  Literature
   Sci-Fi/Fantasy Literature
  Movies
  Music
Business
  Tech Industry
  Telecom Industry
Games
Health and Wellness
Holidays
Miscellaneous
  Humor
  MemeStreams
   Using MemeStreams
Current Events
  War on Terrorism
  Elections
Recreation
  Travel
Local Information
  SF Bay Area
   SF Bay Area News
Science
  Biology
  History
  Nano Tech
  Physics
  Space
Society
  Economics
  Futurism
  International Relations
  Politics and Law
   Civil Liberties
    Internet Civil Liberties
    Surveillance
   Intellectual Property
  Media
   Blogging
  Military
  Security
Sports
Technology
  Biotechnology
  Computers
   Computer Security
    Cryptography
   Cyber-Culture
   PC Hardware
   Computer Networking
   Macintosh
   Linux
   Software Development
    Open Source Development
    Perl Programming
    PHP Programming
   Spam
   Web Design
  Military Technology
  High Tech Developments

support us

Get MemeStreams Stuff!


 
Napster to relaunch
Topic: Business 6:27 pm EDT, May 19, 2003

] Software maker Roxio announced Monday it has acquired
] online music service pressplay for about $40 million, in
] preparation for the relaunch of a new service under the
] Napster brand name.
]
] Santa Clara-based Roxio bought pressplay for $12.5
] million in cash and approximately 3.9 million shares of
] Roxio common stock. Pressplay, based in Los Angeles, is
] the joint venture of Universal Music Group and Sony Music
] Entertainment, record companies that were seeking a legal
] alternative to Napster.
]
] Roxio bought the Napster brand on the cheap after the
] company dissolved, and appears ready to relaunch the
] brand as an online music store.
]
] "With our acquisition of Napster we obtained the most
] powerful brand in the online music space. Now, with our
] acquisition of pressplay, we have the most complete and
] scaleable legal technology infrastructure to use as a
] platform to relaunch Napster," said Roxio's chairman and
] CEO, Chris Gorog.

Napster to relaunch



 
 
Powered By Industrial Memetics
RSS2.0