 | |
| Company type | Subsidiary |
|---|---|
| Industry | Online music |
| Predecessor | pressplay |
| Founded | March 2003; 21 years ago (2003-03) |
| Defunct | November 2011 (2011-November) |
| Fate | Acquired by Rhapsody International Inc. |
| Headquarters | Los Angeles, California, United States |
Key people | Mike Davis, CEO[1] |
| Products | Napster Napster to Go Napster MP3 Store |
| Revenue |  $111.08 million USD (FY 2007) |
 $36.83 million USD (FY 2007) | |
Number of employees | 138 (2007) |
| Parent | Best Buy (2008–2011) Roxio (2003–2008) |
| Website | www |
Napster, commonly known as “Napster 2.0”,[2][3] was a music streaming service and digital music store, launched by Roxio in 2003 under the purchased name and trademarks of former free peer-to-peer file sharing software Napster in the aftermath of the latter's 2002 bankruptcy and subsequent shut down after a series of legal actions taken by the RIAA.[4] Roxio purchased Napster and a music streaming service called PressPlay in 2003,[3] to create a new legal online music service that lets users access music through a subscription or on a fee-per-song basis. Napster was later acquired by Best Buy. The service was acquired by rival Rhapsody in 2011.
Napster 5.0 beta
| |
| Developer(s) | Napster, Inc. |
|---|---|
| Stable release | 4.6.3.4 / August 31, 2010; 13 years ago (2010-08-31) |
| Preview release | 5.0 / 2012; 12 years ago (2012) |
| Operating system | Microsoft Windows, Mac OS X, Linux, Wii U |
| Type | Media player |
| License | DRM-free MP3, WMA |
| Website | Napster.com |
In 2002, Roxio bought the assets of the original Napster at its bankruptcy auction and acquired PressPlay in May 2003 for $40 million.[5] After integrating the services, Roxio launched a revamped Napster in October 2003, whereby users were able to download songs a-la-carte or pay for a monthly unlimited download and streaming media service.[6][7] Users were also able to share playlists and browse other users' libraries.[8]
Soon after launching the revamped Napster, Roxio partnered with Korean electronics maker Samsung to create a Napster-branded MP3 player. The player, named Samsung Napster YP-910 came with a 20GB hard disk that ran for ten hours on a lithium-polymer battery. It used a special version of Napster software and drivers to transfer DRM-protected files to the built-in hard disk.[9]
In May 2006, Napster launched Free Napster, a free, advertising-supported Web-based music player that enabled users to stream full-length versions of all the songs in Napster's catalog of over 8 million tracks three times each, without downloading any software or making any service commitment.[10][11] Visitors could also purchase DRM-free MP3 downloads. It was discontinued in March 2010.[12]
In September 2008, after introducing its Insignia line of portable media players, Best Buy acquired Napster for $121 million. At that time, Napster was incurring significant losses due to new competition and had approximately 760,000 subscribers.[13][14][15] In January 2010, after losing subscribers, the CEO position, held by Chris Gorog, was eliminated.[16]
In 2011, the company was acquired by Rhapsody, which rebranded the combined application as Napster (streaming music service).[17][18]
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