Napster Reborn: Music Sharing Pioneer Acquired for $207M to Create Virtual Music Worlds
Summary
The iconic Napster music sharing service from the 90s has been revived, acquired for $207 million by Infinite Reality to create immersive virtual worlds where music fans can attend concerts and listening parties together, aiming to revolutionize the streaming experience with community-driven 3D spaces.
Key Points
- Napster, the pioneering music sharing service from the 1990s, has been acquired by 3D technology company Infinite Reality for $207 million
- Infinite Reality plans to use Napster to create virtual 3D spaces for music fans to enjoy concerts and listening parties together
- The CEO of Infinite Reality said they don't see anyone in the streaming space creating spaces for music communities like they envision