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Napster Sells for $207 Million, 20 Years After Shutting Down

Yona Andrea by Yona Andrea
March 28, 2025
in Markets, Music
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Napster Sells for $207 Million, 20 Years After Shutting Down
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After over 20 years of legal battles, bankruptcy, and an eventual pivot to a paid streaming service, Napster—the platform that pioneered the peer-to-peer file sharing revolution—is making waves once again.

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The brand has officially been acquired for a whopping $207 million by Infinite Reality, a 3D technology company that has big plans for Napster’s future in the virtual space.

From Music Piracy to Virtual Reality Innovation

Napster was once the villain of the music industry, allowing users to download and share MP3 files without compensating artists or labels. However, despite its closure in 2001 due to legal battles, Napster’s legacy never quite died.

Fast-forward to 2025, and the brand has made a stunning return, this time as part of a 3D technology vision with Infinite Reality at the helm.

Infinite Reality, known for creating virtual spaces that bring people together, plans to use Napster to revolutionize music experiences in the metaverse.

From virtual concerts and listening parties to exclusive merchandise sales, Napster’s new incarnation promises to disrupt the current music streaming space with more social engagement and interactive features.

CEO John Acunto highlighted the importance of having connected spaces for musical communities, and what better name than Napster to lead this charge?

What Does This Deal Mean for Music Fans and Artists?

Napster will remain a key player in the music streaming world, still holding licenses for millions of tracks. But this time, it’s not just about passive listening.

Music fans can look forward to immersive, virtual experiences where they can not only stream music but also interact with it in ways never seen before. Infinite Reality aims to give artists the freedom to create environments that reflect their music’s essence.

Imagine a reggae artist setting up a virtual beach party for fans to join—sounds like a game-changer, right?

This new partnership also opens up exciting possibilities for digital merchandise sales. Artists will now have the ability to sell both physical and virtual products to their fanbases, enhancing their revenue streams in the age of Web3.

The Shift from Piracy to Legal Streaming

Napster’s shift from a piracy platform to a legitimate music streaming service came after a rocky history, including multiple lawsuits from big-name artists like Metallica and legal troubles with the RIAA.

The brand has come a long way since then, but its true rebirth may just lie in its new metaverse-driven model.

While competitors like Spotify and Apple Music dominate the music streaming world, Napster’s revival brings a fresh twist, blending music streaming with the innovative concepts of virtual spaces, digital communities, and interactive fan experiences.

The Growing Influence of Infinite Reality

The acquisition of Napster marks another milestone for Infinite Reality, a company that’s been on a buying spree recently, snapping up brands like the Drone Racing League and virtual reality retail brand Obsess.

Founded just a few years ago in 2019, the company has quickly positioned itself as a key player in the Web3 space.

With investors backing the company’s $3 billion raise, Infinite Reality is clearly betting big on the future of immersive technologies.

For Napster, this deal is more than just a second chance—it’s a shot at leading the way in the future of music and technology.

With the potential to connect fans in entirely new ways, Napster could redefine what it means to be a music lover in the 21st century.

A Long Road Ahead for Napster

Despite all the buzz, Napster’s journey is far from over. As it steps into the realm of virtual concerts and digital music experiences, it will have to contend with both established competitors and new players entering the virtual reality space.

But with Infinite Reality’s vision and resources, Napster could very well make a significant impact in the coming years.

In the meantime, fans will be watching closely to see how this digital renaissance unfolds.

Whether it becomes the go-to platform for virtual music experiences or fizzles out like many other Web3 endeavors, only time will tell. But one thing is certain: Napster is back, and this time, it’s ready to disrupt in the metaverse.

Tags: NapsterSean Parker
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Yona Andrea

Yona Andrea

Yona Hernandez is a journalist at Peanut Gallery Media Network, covering culture, politics, and social trends with sharp insights. Passionate about financial literacy, she enjoys learning and teaching others about money management. In her free time, she explores new cuisines, travels, and delves into thought-provoking books.

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