Today in Tech History: Roxio Purchased Napster
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 2003Ultimately, the company was purchased by Best Buy in 2008.
