September 15, 2008: Best Buy Purchased Napster
2008– Napster has been trying to solidify their name since they went legit. They forged the way with music downloads in the 1990’s but struggled after.
Enter Best Buy. They saw the opportunity and laid down $121 Million for the company. Best Buy owned the service until 2011 when Napster merged with Rhapsody. Best Buy still has a minor stake in the music sharing software.
This Day in Tech History podcast show notes for September 15