Napster becomes public company

By Derek Sooman on
You may recall that last October, Roxio launched the once infamous file-swapping company brand name as a legitimate online music buying service, using the acquisition of another music service, Pressplay.

Roxio has now decided to give up its CD-burning antics and concentrate on online music, full time. To that end, it will adopt Napster as its corporate name, trading under a new ticker symbol. This therefore marks the beginnings of Napster as a registered, public company.

The news comes hot on the heals of news that Microsoft and Yahoo are lauching similar services.

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