Napster becomes public company

By Derek Sooman on September 20, 2004, 2:43 PM
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.




User Comments: 1

Got something to say? Post a comment
Unregistered said:
What, have they got some high school kid running the company now. "Teh mp3s are da future yo!". Stupid move; so long guys, you'll be bankrupt in a year.
Load all comments...

Add New Comment

TechSpot Members
Login or sign up for free,
it takes about 30 seconds.
You may also...
Get complete access to the TechSpot community. Join thousands of technology enthusiasts that contribute and share knowledge in our forum. Get a private inbox, upload your own photo gallery and more.