Napster, Take 3

Following the Napster name from pirate scourge to persecuted litigant to legit music company over the last few years has been dizzying. “Now in its latest reincarnation, [Napster’s current parent] Roxio has shed its CD-burning software business and plans to concentrate solely on selling and delivering music over the web. It will adopt Napster as its corporate name, trading under a new ticker symbol. The pure-play move will mark Napster’s birth as the name of a public company, but more importantly, arm the company with resources to help survive the rough-and-tumble as other deep-pocketed, powerful rivals enter the crowded online music space.”

Source: Wired - 09/18/04