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Posts Tagged ‘News’

Napster sold for $8 million

posted by Duncan at 3:00 am on May 19th, 2002

Less than three days after Napster founder Shawn Fanning and CEO Konrad Hilbers said they were leaving the project for good, along comes Bertelsmann with an offer they couldn’t refuse: Buy Napster for 8 million clear out the company’s debt and hire back most of the key players.Read full story here.

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Napster sold for $8 million

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