Please ensure Javascript is enabled for purposes of website accessibility
Napster Sold to Tech Commerce Company for $207 Million
gvw_ap_news
By Associated Press
Published 2 months ago on
March 25, 2025

In this Aug. 2, 2006 file photo, promotional Napster stickers are seen at the Napster studio in Los Angeles. (AP File)

Share

Getting your Trinity Audio player ready...

NEW YORK — A brand that was notoriously connected to music piracy before reemerging as a subscription music service has been sold to Infinite Reality for $207 million.

The tech startup announced Tuesday it had bought Napster in hopes of transforming the streaming service into a social music platform where artists can connect with fans and better monetize off their work.

“The internet has evolved from desktop to mobile, from mobile to social, and now we are entering the immersive era. Yet, music streaming has remained largely the same. It’s time to reimagine what’s possible,” said Napster CEO Jon Vlassopulos in a blog post.

Among its plans to update Napster, Infinite Reality said it will create virtual 3D spaces that will allow fans to attend concerts, and give musicians or labels the ability to sell digital and physical merchandise. Artists will also receive a wider range of metrics and analytics to better understand the behavior of platform users.

“We can think of no better use case for our technology than putting it in the hands of music artists who are constantly pushing the boundaries of what’s possible,” said Infinite Reality Chief Business Officer Amish Shah.

Napster was launched in 1999 by Shawn Fanning and Sean Parker and quickly became the first significant peer-to-peer file-sharing application. It shuttered in early 2000s after the record industry and popular rock band Metallica sued over copyright violations. Rhapsody later bought the brand in 2011 and relaunched it as a music streaming service.

RELATED TOPICS:

DON'T MISS

What Are Fresno Real Estate Experts Predicting for 2025 and Beyond?

DON'T MISS

First California EV Mandates Hit Automakers This Year. Most Are Not Even Close

DON'T MISS

Authorities Seek Help Finding Relatives of Deceased Fresno Man

DON'T MISS

Valley Crime Stoppers’ Most Wanted Person of the Day: Felecia Johnson

DON'T MISS

How in the World Did Fresno End Up on Trump’s Sanctuary Cities List?

DON'T MISS

X Marks the Spot: Bruised Musk Says His Young Son Punched Him

DON'T MISS

PBS Suing Trump Administration Over Defunding, Three Days After NPR Filed Similar Case

DON'T MISS

Loretta Swit, Emmy-winner Who Played Houlihan on Pioneering TV Series ‘M.A.S.H.,’ Has Died at 87

DON'T MISS

San Francisco 49ers Acquire Eagles Edge Rusher Bryce Huff, AP Source Says

DON'T MISS

California Lawmaker Won’t Be Charged After Citation for Suspicion of Impaired Driving

DON'T MISS

California School Awards Dinner at Disneyland Comes With Hefty Price Tag

DON'T MISS

Fresno Police Release Video of Officer-Involved Shooting

UP NEXT

Valley Crime Stoppers’ Most Wanted Person of the Day: Felecia Johnson

UP NEXT

How in the World Did Fresno End Up on Trump’s Sanctuary Cities List?

UP NEXT

X Marks the Spot: Bruised Musk Says His Young Son Punched Him

UP NEXT

PBS Suing Trump Administration Over Defunding, Three Days After NPR Filed Similar Case

UP NEXT

Loretta Swit, Emmy-winner Who Played Houlihan on Pioneering TV Series ‘M.A.S.H.,’ Has Died at 87

UP NEXT

San Francisco 49ers Acquire Eagles Edge Rusher Bryce Huff, AP Source Says

UP NEXT

California Lawmaker Won’t Be Charged After Citation for Suspicion of Impaired Driving

UP NEXT

California School Awards Dinner at Disneyland Comes With Hefty Price Tag

UP NEXT

Fresno Police Release Video of Officer-Involved Shooting

UP NEXT

Hamas Says It Is Still Reviewing a US Proposal for a Gaza Ceasefire

X Marks the Spot: Bruised Musk Says His Young Son Punched Him

3 hours ago

PBS Suing Trump Administration Over Defunding, Three Days After NPR Filed Similar Case

4 hours ago

Loretta Swit, Emmy-winner Who Played Houlihan on Pioneering TV Series ‘M.A.S.H.,’ Has Died at 87

5 hours ago

San Francisco 49ers Acquire Eagles Edge Rusher Bryce Huff, AP Source Says

5 hours ago

California Lawmaker Won’t Be Charged After Citation for Suspicion of Impaired Driving

5 hours ago

California School Awards Dinner at Disneyland Comes With Hefty Price Tag

6 hours ago

Fresno Police Release Video of Officer-Involved Shooting

7 hours ago

Hamas Says It Is Still Reviewing a US Proposal for a Gaza Ceasefire

7 hours ago

1 in 4 US Children Have Parents With Substance Use Disorder, Study Finds

7 hours ago

Oreo Maker Mondelez Sues Aldi, Alleging Grocery Chain Copies Its Packaging to Confuse Customers

7 hours ago

Authorities Seek Help Finding Relatives of Deceased Fresno Man

The Fresno County Sheriff-Coroner’s Office is asking for the public’s help in locating family members of a Fresno man who died last month. F...

2 hours ago

The Fresno County Sheriff-Coroner’s Office is seeking the public’s help to locate the family of Felipe Pech, 68, of Fresno, who died on April 23, 2025. (Fresno County SO)
2 hours ago

Authorities Seek Help Finding Relatives of Deceased Fresno Man

Felecia Johnson is Valley Crime Stoppers' Most Wanted Person of the Day for May 30, 2025. (Valley Crimes Stoppers)
3 hours ago

Valley Crime Stoppers’ Most Wanted Person of the Day: Felecia Johnson

3 hours ago

How in the World Did Fresno End Up on Trump’s Sanctuary Cities List?

3 hours ago

X Marks the Spot: Bruised Musk Says His Young Son Punched Him

4 hours ago

PBS Suing Trump Administration Over Defunding, Three Days After NPR Filed Similar Case

5 hours ago

Loretta Swit, Emmy-winner Who Played Houlihan on Pioneering TV Series ‘M.A.S.H.,’ Has Died at 87

5 hours ago

San Francisco 49ers Acquire Eagles Edge Rusher Bryce Huff, AP Source Says

5 hours ago

California Lawmaker Won’t Be Charged After Citation for Suspicion of Impaired Driving

Help continue the work that gets you the news that matters most.

Search

Send this to a friend