Tuesday, October 4, 2011

Rhapsody buys Napster from Best Buy

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Rhapsody is executing on its new strategy to buy subscribers by purchasing its top rival: Napster

Did you know that Napster was still alive? We almost forgot. Facing young competition from Spotify and other services, Rhapsody has decided that it’s easier to buyout the competition. Today, the number one subscription music service (Rhapsody) will purchase the number two music subscription service (Napster) from its owner, Best Buy, which purchased the company in 2008. Many will remember Napster for its origins as a free service that promoted MP3 file sharing, something

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