Hey guys , remember when Napster was relevant ? You cognise , when it was the first peer - to - peer program and it changed the net and medicine industry forever ? Then , later , think when it was turned into a pay serving hoping to piggyback on the popularity of the stigma ? And everyone just move on to Kazaa or Limewire or whatever ? Well , patently the Napster name still means something to some hoi polloi , as Best Buy is buy it for a humongous $ 121 million . That insane price includes about $ 67 million of cash and investment , piddle the deal actually deserving about $ 54 million , but that ’s still a destiny of money . You ’ve get to enquire what sorts of plans Best Buy has for the beleaguered music memory , what with other online options such as iTunes and Amazon doing so much better . But I guess they ’re trying to make up for the outrageous drop curtain - off in candle purchases in their stores over the last few years , which has got to have hurt their bottom line of credit . Will they make serious alteration to Napster to attempt to make it relevant again ? We ’ll see . [ Reuters ]
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