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In Latest Twist For Napster, DOJ Says $3 Billion Investor Was Fake

In Latest Twist For Napster, DOJ Says $3 Billion Investor Was Fake
Stereogum

Because its peer-to-peer file sharing software was so revolutionary for music fans, Napster looms large in the minds of a whole generation. Thus, the Napster IP has changed hands many times over the past quarter-century as companies including Roxio, Best Buy, Rhapsody, MelodyVR, and Hivemind have attempted to attach the Napster brand name to on-demand streaming services and internet radio. Most recently, the Metaverse company Infinite Reality bought Napster for $207 million last year with plans to make it "a social and interactive music platform," after which Sony Music sued Napster for millio

This story was reported by Stereogum. EUROPES curates Europe's most relevant coverage — read the full report at the original source.

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