Napster Weighs Options, Including Sale
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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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Napster creator Shawn Fanning is trying to make peace with the music industry. His newest venture will help the record labels and peer-to-peer networks work together to create new digital music businesses. By Katie Dean.
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Napster Inc. NAPS.O said on   Monday it was considering selling the company or other possible   ventures with outsiders looking to hook up with the   once-notorious online music service.
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Napster, the subscription music-download service, is looking for a buyer. The company -- which got its start as a free music-download, file-sharing site -- said Sept. 18 that it has hired UBS Investment Bank to find a major strategic partner or to be acquired completely.
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Snocap, the digital music company  founded by Napster creator Sean Fanning, is testing a new  service that enables bands to sell their music from Web sites  like MySpace.
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NEW YORK - Shawn Fanning, the man who founded file-swapping service Napster as a student five years ago, has resurfaced in the digital music world, with a new company that aims to bridge the divide between music labels and peer-to-peer networks.
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Napster Inc. said Thursday it narrowed a loss in its fiscal third quarter as the online music retailer added subscribers and generated record revenue.
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Napster creator Shawn Fanning has spoken publicly about his new project - a licensed file-sharing service with an almost unlimited selection of tracks.
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Online music retailer Napster Inc. said Thursday it narrowed losses in its fiscal third quarter by adding subscribers and generating record revenue.
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The Napster To Go portable digital music subscription service, which was previewed in September, works via a plug-in to Windows Media Player 10.
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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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Shawn Fanning, Napster Founder, is back in to the music download scene, this time around with a legal music service. SNOCAP, Fanning&#39;s new company, will provide value to record labels, artists, online services
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I saw an ad in yesterday's NY Times that offered the complete New Yorker magazine archive, including all the cartoons and ads, going back to 1920-something for a bit more than the hard disk would cost. The ad was from J&R, the company that makes the product is Pexagon. $149. Sounds like there might be DRM. I asked for something like this from the music business. A hundred gigs of popular music for $500, all pre-installed on the disk without DRM.  Someone at the New Yorker had this idea too? It's a good one. Bulk content for collector types. Another source of revenue. I want to run my own personal radio station, so having every song of a certain genre or from a certain period makes the diff.
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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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Napster said that it had hired UBS Investment Bank to assist in the possible sale of the company.
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In an effort to lure users away from iTunes, which dominates online music sales in the United Kingdom, Napster UK is giving away a free MP3 player to all customers who sign up for three months of service. The player, worth about $55 USD, is made by SanDisk and holds 512MB of songs.
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Unusual options activity pegged to the shares of Harrah's Entertainment Inc.  ahead of the announcement of a buyout offer for the gambling operator is raising eyebrows among some market options players.