Here comes Napster again

Rhapsody and Napster name

Napster is making a comeback — in name only.

In 2011, music streaming service Rhapsody purchased the remains of the once popular music sharing service.

Napster was launched as a free music sharing site that became home to pirated music and was eventually shut down after facing dozens of lawsuits.

The service helped consumers accessed music online but was hit with a federal lawsuit in 2001 that prevented it from hosting copyrighted music.

Napster shut down in 2001 and filed for bankruptcy in 2002. Since then it tried to remake itself as a subscription music service.

It was bought by a series of companies over the last 15 years including German media conglomerate Bertelsmann, electronics retailer Best Buy, and most recently Rhapsody.

Rhapsody was one of the first subscription music streaming services, starting in 2001 under the name Today it says it has 3.5 million global subscribers in 34 countries.

In recent years the company has struggled to compete against a growing list of streaming services including Spotify, Apple Music, and Tidal.

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The company has already used the Napster name in some other countries, such as Canada. But a blog post on its site said it is changing its own name to Napster.

“No changes to your playlists, favorites, albums, and artists. Same music. Same service. Same price. 100% the music you love. Stay tuned!” said the post.

Written by Franklin Simmons

Franklin Simmons

Franklin Simmons is BusinessPundit's Tech Editor. His life is consumed with a love of augmented reality, mobility, and emerging technology. He extensively covers all areas of technology, including the computing, automotive, and healthcare sectors.