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Best Buy to Acquire Napster for $121 Million

21 pointsby moses1400over 16 years ago

6 comments

fallentimesover 16 years ago
Another acquisition that is most likely going to fail. They usually do. I love reading the empirical academic studies on them.<p>Edit: Changed "going" to "most likely going". I'm not an oracle although it would be fun.
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maxkleinover 16 years ago
This just goes to show - if you build a strong brand name for a period of time, the amount of money you can milk from that name is really really large. Look at netscape. It has changed, but people know and recognize the brand, and they keep going back.
babooo404over 16 years ago
does anyone actually use napster anymore?
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josefrescoover 16 years ago
Why is MarketWatch.com saying the price was $54 million?<p><a href="http://www.marketwatch.com/news/story/best-buy-acquire-napster-54/story.aspx?guid=" rel="nofollow">http://www.marketwatch.com/news/story/best-buy-acquire-napst...</a>{08814974-C2C6-4134-BAE6-AC9651B16AB8}&#38;dist=msr_2<p>^ holy mangled URL, so much for pasting that here.
Kilimanjaroover 16 years ago
Napster is so worthless right now that it is better to spend $1M (and save $120M) in a couple of seasoned developers and start from scratch with some new and fresh ideas.
dmixover 16 years ago
Ha Napster doesn't support OSX yet? I knew what I was getting into when I went to the site but... wow.