Best Buy Acquired Napster for Just $121 Million

Author: Chris

15 Sep

For those of you wandering if Napster still exists Best Buy has the perfect answer. Best Buy acquired Napster for $121 million. What do you think about that Metallica?

Best Buy is going to pay $67 in cash while the rest will be paid by Q4 of this year. Why 67 mil in cash?
Moving on then, Best Buy is going to get Napster’s 700,000 digital entertainment subscribers which is not to bad. Best Buy’s president Brian Dunn said he wants to use “Napster’s capabilities and digital subscriber base to reach new customers with an enhanced experience for exploring and selecting music and other digital entertainment products over an increasing array of devices.” OK then, you go ahead and you have your fun with Napster! Beware though, Metallica might be watching!

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Tags: BestBuy, entertainment, Mobile News, Mobile Software, music, Napster

Filed under: Mobile News, Mobile Software

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4 Responses for "Best Buy Acquired Napster for Just $121 Million"

Today On Mobilewhack.com - Specs, reviews and prices. September 16th, 2008 at 12:41 am 1
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Zune 3.0 Software Has Wireless Marketplace and More - Specs, reviews and prices. September 16th, 2008 at 10:03 pm 2
[...] Thanks to Devin Coldewey we have a pretty clear video about one of Zune’s 3.0 features. The Wireless Marketplace is a good tool for getting yourself some music but it could surely be improved. By getting I mean of course purchasing. What did you think this is? Napster? [...]
Napster Mobile available for 13M AT&T Customers - Specs, reviews and prices. October 30th, 2008 at 6:04 pm 3
[...] popular online music subscription service - Napster Mobile - has been introduced to more than 13 million AT&T customers. In the past the number of [...]
AT&T to Launch Pantech Aladdin - Specs, reviews and prices. May 27th, 2009 at 5:12 pm 4
[...] a 1.3 megapixel camera, AGPS, Bluetooth 2.0 + EDR, microSD support, threaded SMS, support for Napster, eMusic and other similar music sources. It’s not a high-end smartphone but this Pantech [...]