Tuesday, October 4, 2011

Napster to get a new owner, Rhapsody

Napster, the popular music streaming service currently owned by BestBuy will be acquired by popular music service, Rhapsody. As part of the deal, Rhapsody will get the subscribers and other assets and they will have the rights for Napster logo and brand name.This deal might give Rhapsody around 400,000 subscribers and will help them compete with Spotify in a better manner.

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