Published on: 2025-05-29 10:00:21
Infinite Reality, a media, ecommerce, and marketing company focused on 3D and AI-powered experiences, has entered an agreement to acquired Napster. That means that the brand originally launched in 1999 as a peer-to-peer (P2P) music file-sharing service is set to be reborn again. This time, new owners are reshaping the brand into one focused on marketing musicians in the metaverse. Infinite announced today a definitive agreement to buy Napster for $207 million. The Norwalk, Connecticut-based com
Keywords: brand infinite music napster service
Find related items on AmazonPublished on: 2025-05-30 06:00:21
Infinite Reality, a media, ecommerce, and marketing company focused on 3D and AI-powered experiences, has entered an agreement to acquired Napster. That means that the brand originally launched in 1999 as a peer-to-peer (P2P) music file-sharing service is set to be reborn again. This time, new owners are reshaping the brand into one focused on marketing musicians in the metaverse. Infinite announced today a definitive agreement to buy Napster for $207 million. The Norwalk, Connecticut-based com
Keywords: brand infinite music napster service
Find related items on AmazonPublished on: 2025-05-30 22:16:00
In brief: Ownership of Napster is changing hands once again. The company, which started life as a peer-to-peer file sharing service more than 25 years ago, is being purchased by Infinite Reality for $207 million. The immersive technology specialist plans to transform Napster from a legitimate streaming music service into a social and interactive music platform. Napster's claim to fame came near the turn of the century. The file sharing service made it trivially easy for the average Joe to share
Keywords: artists infinite music napster service
Find related items on AmazonPublished on: 2025-05-31 02:44:33
The once-iconic music-sharing platform Napster just sold for $207 million, according to reporting by CNBC . A company called Infinite Reality ponied up the cash. What could Napster offer in 2025 to warrant such a price tag? Infinite Reality CEO John Acunto says it’ll be used for marketing in the metaverse. In other words, a platform from 1999 will be used as part of a technology that seemingly peaked in 2021. That sounds about right. More specifically, the company plans on creating virtual 3D s
Keywords: infinite music napster platform reality
Find related items on AmazonPublished on: 2025-05-31 10:00:00
Infinite Reality, a tech company focused on immersive digital media and ecommerce, has agreed to acquire music brand Napster for $207 million. The two companies have a definitive agreement. Napster, a fully-licensed independent music service, delivers over 110 million high fidelity tracks from the top artists in the world to its loyal global subscriber base. Over the past two decades Napster has paid over $1 billion to artists and songwriters worldwide, establishing itself as a cornerstone of t
Keywords: artists infinite music napster reality
Find related items on AmazonPublished on: 2025-05-31 14:00:01
A quarter century ago, Napster was notorious on the internet for allowing people to swap songs for free, long before the music industry had come up with a model for the digital age. The service was shuttered in 2001 amid mounting legal battles, and filed for bankruptcy the following year. But the brand isn't dead. On Tuesday, Napster was acquired by 3D technology company Infinite Reality for $207 million. Infinite Reality CEO John Acunto told CNBC in an interview that the one-time file-sharing
Keywords: acunto brand infinite music napster
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