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Roxio Looks to Buy Napster Assets

Discussion in 'General Discussion' started by Julio Franco, Nov 17, 2002.

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  1. Julio Franco TechSpot Editor

    Software maker Roxio is poised to snap up the remaining assets of the now defunct song-swapping company Napster for $5 million in cash and 100,000 warrants to purchase Roxio common stock, the company announced Friday.

    Roxio says "Napster has value that is synergistic with Roxio's current digital media offerings" and the company's long-term vision of digital entertainment.

    Source: Yahoo News.
  2. Rick TechSpot Staff

    Big mistake by Roxio... Napster is and will remain dead. ;)
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