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Bertelsmann to acquire assets
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2004 (1) 2003 (5) 2002 (15) 2000 (4)
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Bankruptcy judge blocks sale of Napster  Judge Peter J. Walsh is cited conflicting loyalties by Napster's top executive Napster to seek approval of sale Assets up for auction Future Bleak After Middelhoff Resignation Napster files for Chapter 11 bankruptcy
Roxio changes name to Napster. Santa Clara ITunes Outsold Napster 5-1 in 1st Week. Apple Napster Is Back For Music Fans  Under its parent Roxio, Napster introduced a test version of its new software that will sell songs for 99 cents each Roxio set to relaunch Napster this year. Santa Clara Roxio plans bring back Napster name  Santa Clara: Software maker has acquired the online music service pressplay for about $40 million Roxio to revive Napster subscription. Milpitas Napster firesale is on Roxio Bids $5.3 M to Buy Napster Assets. Santa Clara Napster co-founder launches Plaxo. Mountain View Trustee to manage Napster in bankruptcy  Defunct song-swapping service, creditors and feds agreed to appoint a trustee to oversee the bankruptcy reorganization Napster as Company Folds


year 2004 Top ^

Aug.9


year 2003 Top ^

Nov.6
Oct.9
Jul.28
May.19
Feb.24


year 2002 Top ^

Dec.10
Nov.15
Nov.11
Sep.27
Sep.3
  The company had closed its doors and terminated all but a few of its remaining 42 staffers as it prepared for Chapter 7 liquidation
Aug.28
Aug.10
Jul.29
Jun.3
  Industry heavyweight Bertelsmann AG follows through on a plan to take over what's left of the Internet music-swapping service
May.17
  In an abrupt shift, media giant will buy Napster Inc.'s assets in an $8 million deal that keeps co-founder Fanning
May.14 Founder and CEO both step down
  Konrad Hilbers, chief executive officer, and Shawn Fanning, who created the song-swap program, both resigned
Apr.11 30 more employees laid off  Its third round of job cuts since October Mar.8 10% of work force cut Feb.19 Dispute still not settled

year 2001 Top ^

Sep.24 Deal with music publishers  Company will pay $26M for past unauthorized use of music and $10M down payment on future royalties Jul.23 Napster drops interim CEO  Company is replacing Hank Barry with Konrad Hilbers, BMG insider Jul.18 Napster can go back online  Federal appeals court ruled Napster can resume song-swapping operations Jul.11 Judge orders Napster off-line  U.S. District Judge decided that Napster remain off-line until company can perfect its song-swapping system Jul.2 Napster goes dark
  Napster wants to transform itself into a company for paying customers
Apr.10 Judge may shut down Napster  Judge M. Patel said she may put an end to the song-swapping service. Bertelsmann would forms wider alliance Mar.6 Record labels to control Napster  Judge said that once the recording industry comes up with a list of copyright songs, Napster will have 72 hours to comply Mar.2 Napster plans screening system  Napster will deploy a new screening system to stop the free trade of copyright songs Feb.20 Napster offers $1 billion  $200M each year offered if record companies drop suit. Music industry executives call the offer a publicity ploy Feb.12 Court to stop Napster  Company plans to start charging subscription fees by summer

year 2000 Top ^

Oct.2 Napster suggests montly fee  After 2nd day at court CEO Hank Barry suggests a business plan for monthly fees Sep.8 Federal: Napster Violates Law  Government says music-sharing service is not protected under a key copyright law Jul.28 Napster remains online  2 federal appellate judges granted Napster a stay. Recording Industry Association of America could still appeal the stay. Jul.27 Judge Pulls Plug on Napster  Federal judge grant a preliminary injunction to shut down Napster's song-swapping service. 757,000 MP3 files were still being traded in 6,857...

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