Napster Sold for $207 Million: A Resurgence of the Iconic Music Platform
Napster, the original music-sharing service that revolutionized the industry over 25 years ago, has been acquired for $207 million by tech startup Infinite Reality. The deal has sparked disbelief among millennials who remember the service from its early days, prompting reactions that range from nostalgia to shock. Infinite Reality, valued at $12.25 billion, aims to transform Napster into a music-marketing metaverse firm, signaling a bold new direction for the brand. This acquisition reflects a significant comeback for Napster, positioning it to potentially disrupt the current music scene once again.
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