16 Facts About Napster


Napster's assets were eventually acquired by Roxio, and it re-emerged as an online music store.

FactSnippet No. 432,288

In May 2022 the Napster streaming service was bought by the blockchain company Algorand and the crypto-focused investment firm Hivemind.

FactSnippet No. 432,289

Napster made it relatively easy for music enthusiasts to download copies of songs that were otherwise difficult to obtain, such as older songs, unreleased recordings, studio recordings, and songs from concert bootleg recordings.

FactSnippet No. 432,290

Napster paved the way for streaming media services and transformed music into a public good for a brief period of time.

FactSnippet No. 432,291

Macster was later bought by Napster and designated the official Mac Napster client, at which point the Macster name was discontinued.

FactSnippet No. 432,292

In March 2001, Napster settled both suits, after being shut down by the Ninth Circuit Court of Appeals in a separate lawsuit from several major record labels.

FactSnippet No. 432,293

Napster was faced with the following allegations from the music industry:.

FactSnippet No. 432,294

Napster lost the case in the District Court but then appealed to the U S Court of Appeals for the Ninth Circuit.

FactSnippet No. 432,295

Immediately after, the District Court commanded Napster to keep track of the activities of its network and to restrict access to infringing material when informed of that material's location.

FactSnippet No. 432,296

In 2002, Napster announced that it had filed for bankruptcy and sold its assets to a third party.

FactSnippet No. 432,297

Lawrence Lessig claimed, however, that this decision made little sense from the perspective of copyright protection: "When Napster told the district court that it had developed a technology to block the transfer of 99.

FactSnippet No. 432,298

On July 11, 2001, Napster shut down its entire network in order to comply with the injunction.

FactSnippet No. 432,299

Napster agreed to pay music creators and copyright owners a $26 million settlement for past, unauthorized uses of music, and as an advance against future licensing royalties of $10 million.

FactSnippet No. 432,300

On May 17, 2002, Napster announced that its assets would be acquired by German media firm Bertelsmann for $85 million with the goal of transforming Napster into an online music subscription service.

FactSnippet No. 432,301

In September 2008, Napster was purchased by US electronics retailer Best Buy for US $121 million.

FactSnippet No. 432,302

On December 1, 2011, pursuant to a deal with Best Buy, Napster merged with Rhapsody, with Best Buy receiving a minority stake in Rhapsody.

FactSnippet No. 432,303