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Key FactsNapster Returns with New Vision for Music
Mar 25, 2025 · Reading time: ~30 sec.
Summary created with AI assistance · Source: cnbc.com
Summary created with AI assistance · Source: cnbc.com
- Napster, once famous for free music swapping, has been acquired by Infinite Reality for $207 million.
- The company plans to create virtual 3D spaces for concerts and listening parties where artists and labels can sell physical and virtual merchandise.
- Napster will continue as a streaming service with official licenses for millions of tracks while also offering social features and digital products.
- The new concept aims to connect fans in shared virtual spaces and create interactive environments for artists.
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