Napster Finds New Owners in $200M Acquisition

The Hollywood Reporter:

Napster, the brand that ushered in an era of rampant music piracy before later being reborn as a subscription music streaming platform, has been sold for $207 million. 

Tech company Infinite Reality announced Tuesday morning that it bought Napster in the nine-figure deal, hoping to further transform Napster from merely a streaming service into a more social-first music platform where fans can more directly engage with music and artists. 

Good luck.