Napster to Merge With Rhapsody

Napster, the united states us dot-com bubble company that shook within the music business just before being nearly punished from existence, will merge with Rhapsody, a competing subscription service with rights to 13 million tunes.our editor recommendsBest Buy to obtain Napster for $121 milRhapsody Takes Shot At Spotify's Biz Model Napster remains operating just like a unit of Biggest Score since the electronics store bought for $121 million three years ago, extended after it abandoned its illegal file-talking about ways and increased to become decent, otherwise lucrative, business. The the offer introduced Monday weren't revealed, other than it provides Biggest Score taking an equity stake inside the merged Rhapsody-Napster entity that the transaction should close by the conclusion of November. Rhapsody can be a music service spun from RealNetworks that has about 800,000 needing to pay clients. Napster's user metrics weren't revealed. The merged company, though, features its own work work with this with competition -- in one form or other -- in the type of iTunes, Spotify, The earth the planet pandora and Apparent Funnel Radio's digital initiatives. Related Subjects Apparent Funnel Communications iTunes Rhapsody