Unfortunately, the NAPSter music service is received for $ 207 million

An endless truthIt is a technical company that focuses on digital media and overwhelming e -commerce, which has agreed to obtain the brand for music Napster For $ 207 million.

The two companies have a final agreement. NAPSter, a fully licensed independent music service, provides more than 110 million high -sincere paths from the best artists in the world to the base of sincere global subscribers. Over the past two decades, NAPSter has paid more than a billion dollars to artists and songwriters all over the world, which led to the creation of the cornerstone in the music broadcasting industry and the longest operational digital music service, companies reported.

Infinite Really said that she plans to convert NAPSter beyond the flow into a social and interactive music platform, and benefits from its overwhelming technology and the public network of indigenous fans digitally. This includes millions of participants with IR entertainment assets, such as Legue Drone Racing Legue (DRL) and the best competing electronic sports organizations in titles such as Call of Duty and Legue of Legends.

The infinite reality was in a state of acquisition to collect what was known as Metaverse, a term formulated by science fiction, Neil Stephenson decades ago in his novel Snow. But after Meta entered this market, many people became skeptical and metaverse is a type of dirty word. Using the phrase mysterious technology instead, the infinite reality of the companies was obtained to build a metaverse.

The deals included acquisitions Maniaand Riskand Drone raceand ethereal and Work. I also bought the majority share in Super League Gaming. Again in January, The endless reality said that it raised 3 billion dollars With a rating of $ 12.25 billion. In 2024, the company raised $ 350 million and bought Landvaut.

The newly re -depicted NAPSter will distinguish by working as a platform for social music that gives priority to the active fans’ participation in negative listening, allowing artists to communicate with the relationship with their fans, ownership, and investment.

Through this acquisition, the real reality plan NAPSter and Infinite to provide artists with tools to:

● Create a 3D virtual spaces with brands where fans can enjoy virtual concerts, social listening parties and other overd and societal experiences.

● Selling both physical and virtual goods, exclusive digital content, and events tickets.

● Take advantage of the customer service on behalf of artificial intelligence, sales and community management for further allocation.

● Access to improved analysis information panels to better understand the fan behavior.

● Integration of Gamification to increase the participation of fans and loyalty.

● Take advantage of the IR-including DRL and Top Esports Teams for Smasy Fans Communities.

● Provides brands for innovative care related to millions of young consumers with smart people.

“By getting NAPSter, we aim for a brighter future for artists, fans and music industry as a whole,” John ACONTO, CEO of Infinite Reality, said in a statement. “This strategic step is in line with the Infinite Reality vision to lead the transformation of the Internet industry from a flat -dimensional click network to a 3D step – allowing all creators modern tools to involve their fans, and measure them better.”

ACUNTO added: “I believe a firm belief that the relationship of artists is developing, with fans who are eager to access their favorite artists, while artists are looking for innovative ways to deepen contacts with fans, and reach new currents of revenues. We create the final musical platform where artists can flourish in the next wave of digital disorder.”

I met the CEO of Napster Jon Vlassopulos Several times After September 2022, when Join Napster And try to revive the well -known brand.

As part of this acquisition, Vlassopulos will continue as NAPSTER CEO, and will play a broader IR role in the world. Since 2022, Vlassopulos has supervised the restructuring of NAPSTER and led to its development to new business fields, prompting innovation in the participation of artists and immersive music experiences from the next generation.

In the past, he held the position of global musician president in Roblox, as he was a pioneer in overwhelming experiences of great artists and brands that reached more than 100 million fans, prompting tens of millions of dollars from net new revenues for the music industry.

Vlassopulos began his career as CEO of BMG and invested in the original NAPSter while he was in BERTELSMANN. An experienced businessman, executive and investor manager, has a busy record in providing the first industry to sit at the intersection of technology, music, games, entertainment and marketing.

“Nagster revolutionized digital music in the 1990s, and now, with the infinite reality, we are ready to do it again. The Internet has evolved from the desktop to the mobile phone, from a mobile phone to the social, and now we enter the overwhelming age. However, the broadcast of music has been the same to a large extent. It is time to re -photograph what is possible.”

He added: “Imagine entering a virtual place to watch an exclusive show with friends, and chat with your favorite artist in their default Hangout while they are dropping the new individual, and that we are able to buy the exclusive digital and material Merch. With the experience of Infinite Reality in only a new technology, you cannot listen to only a new technology. It is the beginning of the experience of the most interactive and social music for the next era of the Internet.”

“We are thinking about leading the sectoral transformation from the two -dimensional web network to a 3D network, there is no other society more important than creators who are always at the forefront of taking advantage of innovation to express themselves and disrupt old systems,” Al -Amish Shah, chief trading official in the infinite reality. “Napster is standing as evidence of its flexibility, and we are honored to build on its leading spirit and expertise that is unparalleled in the music industry. We cannot think of any better use of our technology than putting it in the hands of music artists who constantly pay the limits of what is possible.”

NAPSter Forever was founded in 1999, which changed the music industry through file sharing technology from counterpart to counterparts, allowing the fans the first access to digital music and digital music societies. After obtaining it by RHAPSODY, the first legal music flow service licensed by all the mainly recognized records stickers, NAPSter has evolved into an independent digital music service available in 34 countries. Together, the endless reality and NAPSter are planning to develop the brand more, to become a pioneering immersive music platform for artists, fans and values.