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October 6, 2011 12:05 pm GMT
Monday, we sat down with Rhapsody President Jon Irwin to get a little more insight behind why the company bought fellow online music service Napster. As part of the acquisition, Rhapsody acquired all Napster subscribers and other IP assets from Napster owner BestBuy. Meanwhile, Best Buy received a minority stake in Rhapsody.Irwin tells us he looks forward to bringing the Napster subscriber base over to Rhapsody. Rhapsody has around 800,000 subscribers and Napster reportedly has around half that. Irwin declined to give us specific subscriber numbers, but says that the combined company will release this number n the next few months.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/Q5odgijlgho/
Jon Irwin On Why Rhapsody Bought Napster
Monday, we sat down with Rhapsody President Jon Irwin to get a little more insight behind why the company bought fellow online music service Napster. As part of the acquisition, Rhapsody acquired all Napster subscribers and other IP assets from Napster owner BestBuy. Meanwhile, Best Buy received a minority stake in Rhapsody.Irwin tells us he looks forward to bringing the Napster subscriber base over to Rhapsody. Rhapsody has around 800,000 subscribers and Napster reportedly has around half that. Irwin declined to give us specific subscriber numbers, but says that the combined company will release this number n the next few months. Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/Q5odgijlgho/
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