Napster

Rhapsody acquires Napster International for European expansion

Friday, January 27, 2012 - 11:10am

Rhapsody and NapsterRhapsody will expand into Europe by acquiring Napster International, which operates in the UK and Germany, the company announced recently.

Back in October 2011, Rhapsody announced it had acquired Napster from Best Buy (RAIN coverage here). The purchase of Napster International is "the latest piece of the jigsaw," writes PaidContent.

"Rhapsody will migrate Napster subscribers to its own platform in March, introducing its own web player," PaidContent reports. "The Napster brand and employees will remain in place in the UK and Germany."

The combination of Rhapsody and Napster will push the latter service's user count to over 1 million.

PaidContent has more coverage here.

Rhapsody acquires Napster, will combine customer base for on-demand music subscription service

Tuesday, October 4, 2011 - 12:30pm
Rhapsody acquires Napster
 
Music subscription service Rhapsody has acquired Napster, gaining the platform's subscribers and intellectual property. 
 
Though newcomers like Spotify have earned more buzz of late, Rhapsody actually boasts the "largest amoung of paid users in the U.S.," writes Fortune, with 800,000 subscribers. That number will grow by "several hundred thousand subscribers" with the addition of Napster.
 
Napster was acquired by Best Buy in October 2008 for $122 million in cash. Best Buy gains a minority share in Rhapsody. Fortune has more coverage here.
 
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