2002 – While in Bankruptcy since the following September, Roxio – along with the Private Media Group – came in and took over the $2.43 million dollar company. They took all logos and names and rebranded it “Napster 2.0″. This time, Napster was a pay site – merging technologies with Roxio Pressplay.The sale completed in 2003
Ultimately, the company was purchased by Best Buy in 2008.
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Other Day in Tech History items:
- DVD Jon releases the crack to WMV9 codec
- ICANN and the US Commerce Memorandum of Understanding
- Playboy files suit against Rusty n Edie’s BBS
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