Napster – the corporate you are now simply remembering nonetheless exists in 2025 with out the phrases “Lars Ulrich” connected to it – has been bought by Infinite Actuality for a cool $207 million.
In line with a press launch from Infinite Actuality, the corporate plans on turning Napster into “social music platform that prioritizes lively fan engagement over passive listening, permitting artists to attach with, personal, and monetize the connection with their followers.”
This is not the primary time that Napster has been bought both. After submitting for chapter and shutting down in 2002, Napster was finally purchased by Greatest Purchase in 2008 earlier than merging with Rhapsody. Napster was finally offered to digital actuality concert events firm MelodyVR in 2020, and offered to Hivemind and Algorand in 2022.
“By buying Napster, we’re paving a path to a brighter future for artists, followers, and the music trade at giant,” stated John Acunto, Co-Founder and CEO of Infinite Actuality.
“This strategic transfer aligns with Infinite Actuality’s imaginative and prescient to guide an web trade shift from a flat 2D clickable net to a 3D conversational one – giving all creators fashionable instruments to raised have interaction, monetize, and measure their audiences.
“I firmly imagine that the artist-fan relationship is evolving, with followers craving hyper-personalized, intimate entry to their favourite artists, whereas artists are trying to find progressive methods to deepen connections with followers, and entry new streams of income. We’re creating the final word music platform the place artists can thrive within the subsequent wave of digital disruption.”
Lars Ulrich has not but issued a press release.
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