Napster Founder Shawn Fanning Finally Cashes In in General
By Silicon el 14-Apr-2008
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Turns out it's just as hard to make money disrupting the music business as it is making money the old-fashioned way. Napster founder Shawn Fanning never saw much dough out of his first company (R.I.P); his second one, Snocap, just got sold to imeem for pennies on the dollar. But Shawn is a clever dude, so he's figured out how to make money from the business:
He's quite good, no? We don't know how much Shawn made on the deal -- it's possible he did it gratis. But in any event, don't expect many more of these -- we hear it's a one-off. Meanwhile Shawn's not the only celeb lending his mug to VW: Director Roman Coppola has a made a series of these starring various luminaries, including iron-fisted basketball legend Bob Knight and David "probably shouldn't be driving" Hasselhoff.
Turns out it's just as hard to make money disrupting the music business as it is making money the old-fashioned way. Napster founder Shawn Fanning never saw much dough out of his first com [..] Read complete article
Published 14-Apr-2008 by Silicon in General Read 8 times. More hits in
From the can't-believe-everything-you-read department: Earlier this year, reports circulated (which we repeated) that Napster founder Shawn Fanning had finally made some real money by sell [..] Read complete article
Published 04-Aug-2008 by Silicon in ERTS Read 0 times. More hits in
XBOX 360 Gamers Weblog
Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred
Remember Shawn "Napster" Fanning? TechCrunch is reporting that Electronic Arts is about to plunk down $30 million on Rupture, a social network for gamers that Fanning started up with co-founder Jon Baudanza, who'd both become EA employees in the deal. [..] Read complete article
Published 12-May-2008 by Leigh Alexander in acquisitionEaEA Gets A Social Network?RumorRuptureSocial Networking Read 10 times. More hits in
Shawn Fanning's third startup didn't go the way of his first or his second. Electronic Arts is buying Rupture, a social network for online gamers, for $30 million, TechCrunch reports. That's a lot better than Nap [..] Read complete article
Published 09-May-2008 by Silicon in General Read 4 times. More hits in
Filed under: PC, Sony PlayStation 3, Microsoft Xbox 360, Business
Shawn Fanning has been doing more than simply riding high on the Napster phenomenon and appearing in Volkswagon commercials. In 2006, he created a [..] Read complete article
Published 10-May-2008 by Scott Jon Siegel in eaelectronic-artsnapsterruptureshawn-fanning Read 0 times. More hits in
Filed under: Culture, PC, E3, MMOJust a few months after Electronic Arts' purchase of the Rupture social networking site, it looks like file-sharing legend Shawn Fanning now has his moment in the sun. Fanning appeared during EA's E3 press conf [..] Read complete article
Published 15-Jul-2008 by Michael Zenke in e3e3-2008eaelectronic-artsrupture Read 6 times. More hits in
So Napster is now selling 6 million DRM-free tracks for 99 cents each. What's it like if you try to buy one? Glenn "Coolfer" Peoples visits the Napster store, and doesn't seem likely to [..] Read complete article
Published 20-May-2008 by Silicon in AMZNNAPSAAPL Read 7 times. More hits in
Before you ask, yes Napster does indeed still exist. What’s more, with a current subscriber base of around 700,000 it’s still a pretty respectable offering. Napster’s current incarnation offers three main plans for accessing its library of over six million songs; the first is an iTunes-like music download service that provides a la carte tracks [...]
[..] Read complete article
Published 15-Sep-2008 by Zach Epstein in NewsRetailAcquisitionsBest Buymusicmusic downloadsNapsterstreamingSubscription Read 3 times. More hits in
Metallica is infamous for helping kill the original Napster, but it looks like the metal group has finally realized that they can't stop the Internet. Or at least t [..] Read complete article
Published 04-Sep-2008 by Silicon in General Read 4 times. More hits in
XBOX 360 Gamers Weblog
Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred
Reports that Electronic Arts was set to acquire Sean "Napster" Fanning's latest venture, a social network, are now official. EA announced last night that it acquired Napster's ThreeSF, owners of a social network called Rupture.
Terms of the deal were not disclosed, but earlier reports pe [..] Read complete article
Published 04-Jun-2008 by Leigh Alexander in Electronic ArtsNapsterRuptureSocial Networking Read 7 times. More hits in
A year ago, Napster (NAPS) shares were worth more than $4. Now they're trading below $1.5, down more than 60%. We can think of several companies where that performance would get you fi [..] Read complete article
Published 16-May-2008 by Silicon in NAPS Read 6 times. More hits in
Napster has hung out a sale sign. Again. Two problems: It doesn't seem very serious about it, and no one buyers seem interested, either.
Two years ago, the music subscription service announ [..] Read complete article
Published 29-Aug-2008 by Silicon in General Read 4 times. More hits in
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