Napster – the corporate you are now simply remembering nonetheless exists in 2025 with out the phrases “Lars Ulrich” connected to it – has been bought by Infinite Actuality for a cool $207 million.
In keeping with a press launch from Infinite Actuality, the corporate plans on turning Napster into “social music platform that prioritizes energetic fan engagement over passive listening, permitting artists to attach with, personal, and monetize the connection with their followers.”
This is not the primary time that Napster has been bought both. After submitting for chapter and shutting down in 2002, Napster was finally purchased by Finest Purchase in 2008 earlier than merging with Rhapsody. Napster was finally offered to digital actuality concert events firm MelodyVR in 2020, and offered to Hivemind and Algorand in 2022.
“By buying Napster, we’re paving a path to a brighter future for artists, followers, and the music business at giant,” mentioned John Acunto, Co-Founder and CEO of Infinite Actuality.
“This strategic transfer aligns with Infinite Actuality’s imaginative and prescient to steer an web business shift from a flat 2D clickable internet to a 3D conversational one – giving all creators trendy instruments to higher have interaction, monetize, and measure their audiences.
“I firmly consider that the artist-fan relationship is evolving, with followers craving hyper-personalized, intimate entry to their favourite artists, whereas artists are trying to find progressive methods to deepen connections with followers, and entry new streams of income. We’re creating the last word music platform the place artists can thrive within the subsequent wave of digital disruption.”
Lars Ulrich has not but issued an announcement.
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