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Roxio Buys Pressplay, Expected to Launch New "Napster"

Napster is coming back, this time as a paid music service in partnership with two of the record labels that fought to shut it down, according to a deal. In an ironic coda to the Napster saga, CD-burning software maker Roxio Inc., said it had bought Pressplay, a struggling online music service launched by Vivendi Universal and Sony Corp., for about $39.5 million in cash and stock.

  • Read the article: Reuters
  • Further reading on GigaLaw.com: Napster Made Its Mark, a Valuable Trademark | Posted: 5/19/2003 10:26:00 PM | Permalink


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