Bertelsmann Settles Again Over Napster
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German media conglomerate Bertlesman AG has settled yet another lawsuit surrounding its involvement in the original Napster, which brought music sharing into the mainstream. The National Music Publishers' Association alleged that Bertlesman encouraged copyright infringement.
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The major record labels, which refused initially to deal with the emerging online song file-sharing technologies, have turned over a new leaf. Shawn Fanning, who invented the original Napster in a dorm room in 1998, Thursday announced his new firm, Snocap, which offers record companies and independent artists a vehicle to make money from their music traded on so-called peer-to-peer  services.
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Napster, the remade version of the popular Internet music sharing service, is in talks over a sale or possible strategic partnership, the company said Monday.ADVERTISEMENTMAKE SOA REAL WITH IBM WEBSPHERE PODCASTStreamline processes and maximize efficiency within a proven service oriented architecture. Take back control of your business processes with IBM WebSphere.
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Vivendi SA's Universal Music Group reached a tentative agreement with German media company Bertelsmann AG to acquire BMG Music Publishing for $2.05 billion in cash, a person familiar with the deal said yesterday.
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Napster creator Shawn Fanning is back with a new, legal file-sharing service called Snocap. The P2P service reportedly is close to signing a licensing deal with Universal Recording Group.
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Vivendi SA's Universal Music Group has reached a tentative agreement with German media company Bertelsmann AG to acquire BMG Music Publishing for $2.05 billion, a person familiar with the deal said Tuesday.
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Bertelsmann agrees to sell its BMG Music Publishing Group to Vivendi's Universal Music for 1.63m euros ($2.1m; Â£1.1m).
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The recording industry has turned to its former arch-nemesis, the founder of online music file-swapping service Napster, to help it beat the piracy that it once accused him of spawning.
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Napster Inc. said Sunday it will begin selling music downloads as unprotected MP3 files in the spring, joining other online retailers.
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Napster founder Shawn Fanning has returned to the online downloading arena with the approval of some significant members of the music industry.
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Online music service Napster Inc.   NAPS.O said on Monday that, in response to recent third-party   interest in strategic partnerships or potentially acquiring the   company, it has hired UBS Investment Bank to assist in   evaluating strategic alternatives.
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Sony BMG - aka &#39;Bony&#39; - the merged music label is in talks with Grokster, the P2P software company has confirmed. Negotiations are believed to be focused on the development of a new, label-friendly P2P network.
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Napster made moves to prepare for a possible sale of the company Monday, including retaining an investment banker to discuss its options. CEO Chris Gorog cited "third-party interest" as the reason behind the move.
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Online music service Napster Inc. posted a narrower third-quarter loss on Thursday that beat analysts' forecasts, citing strong subscription growth.
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Los Angeles-based Napster, the online music division of Roxio, announced that the company is making a foray into the downloadable ringtone market in a deal with Dwango Wireless, a publisher of mobile entertainment content.
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Bertelsmann [BERT.UL] expects it will cost around 370 million euros ($445 million) to bring together and restructure Sony BMG, its music joint venture with Japan&#39;s Sony (6758.
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Thanks two a partnership with Dwango Wireless; the new Napster is prepared to enter the mobile technology realm. But this time, it&#39;s not for illegal mp3s.