Napster Drops Interim CEO Barry
Napster Inc. is replacing its leader with an executive from its German backer, who will try to steer the company out of its renegade past into a legitimate service that requires fans to pay for music. Interim CEO Hank Barry, a lawyer who came to Napster from a venture capital firm, will remain with the company in a reduced role, serving on Napster’s board of directors. His replacement is Konrad Hilbers, a veteran of the German media giant Bertelsmann AG, which became the song-swapping company’s primary financial backer last October. Hilbers most recently served as executive vice president and chief… Read more »
