The brand, which was associated with music piracy, was sold before it was reselling as a subscription music service to an endless truth for $ 207 million.
Startup Tech announced on Tuesday that it had bought NAPSter in the hope of converting a broadcast service into a social music platform where artists can communicate with fans and improve their work better.
“The Internet has evolved from the desktop to the mobile phone, from a mobile phone to the social, and now we enter the overwhelming era. However, the flow of music has been the same to a large extent. It is time to re -imagine what is possible,” said Napster Jon Vlassopulos in A.Blog post.
Among her plans to update NAPSter, INFINITE Reality said it will create virtual 3D spaces that allow the masses to attend concerts, and give musicians or posters the ability to sell digital and material goods. Artists will also get a wide range of standards and analyzes to better understand the behavior of the statute users.
“We cannot think about any better use of our technology than put it in the hands of music artists who constantly pay the limits of what is possible,” said Amish Shah, business manager.
NAPSter was launched in 1999 by Shawn Fanning and Sean Parker and soon became the first important application to exchange files from counterpart to counterparts. It was closed in the early first decade of the twentieth century after making recordings and a famous rock band in copyright violations. RHAPSODY later bought the brand in 2011 and re -launched it as a music broadcast service.
This story was originally shown on Fortune.com
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