For those who still don't believe Napster is dead, currently the companies assets are up for auction. The company should sell for about 25 million USD. The company that is likely to buy Napster is Bertellsman, who already funded big parts of the company:
The assets of the bankrupt file-sharing system Napster are up for auction. Likely buyers could include media firms, music retailers, record companies or venture capitalists. |
The asking price is $25m (£16m) and the deadline for any bids is 21 August ahead of a 27 August auction.
The German publishing major Bertelsmann remains keen to buy the assets and has vowed to raise its bid by $9m to a total of more than $100m.
Source: BBc.co.uk
