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Napster Creator Unveils Online Music Technology
Los Angeles – Shawn Fanning, once reviled by record labels as the creator of renegade song-swap service Napster, on Thursday launched a new service designed to turn the threat of still popular peer-to-peer services into an opportunity for music companies and artists. The original Napster was eventually shut down in 2001 by copyright litigation and then sold to Roxio Inc, which re-launched it as a paid online service. But despite the proliferation of commercial services like the new Napster, RealNetworks Inc’s Rhapsody and even Apple Computer Inc’s iTunes, Fanning said unauthorized file-sharing was as rampant as ever. In launching the… Read more »