In the age of mergers and acquisitions, an unlike partnership has taken place.
Napster has teamed up with AOL and will now power the music service AOL Music.
The music service has been in operation since 2005 after AOL’s acquistion of MusicNow. The estimated timeframe in which all subscribers will be shifted over to Napster is said to be 60 days.
Napster has been known for its cyber-piracy and after a major lawsuit, turned legal with its subscription service.
On second the thoughts the partnership doesn’t seem all that unlikely considering Google’s acquistion of YouTube, which had its legal issues and the recent BBC teamup with Azureus and Paramount’s deal with BitTorrent.
Are file sharing programs becoming an ideal distribution network? And will this enable them to escape the RIAA and the MPAA?
Via: Webware
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- Post Date :
- Friday, Jan 12th, 2007 at 9:20 pm
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- Companies and M&A and Tieups and Services and Tech News
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