Napster Finds New Owners in $200M Acquisition

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The Hollywood Reporter:

Napster, the brand that ushered in an era of rampant music piracy before later being reborn as a subscription music streaming platform, has been sold for $207 million.

Tech company Infinite Reality announced Tuesday morning that it bought Napster in the nine-figure deal, hoping to further transform Napster from merely a streaming service into a more social-first music platform where fans can more directly engage with music and artists.

Good luck.

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