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Redwood City, Bankruptcy Timeline Tuesday, August 26     Author
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Napster as Company Folds

World News
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        Bay Area
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                Business (40)
                    Bankruptcy

                        2002 (10)
                        2001 (3)

                           Napster (6)

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Napster firesale is on  Computers and a slew of T-shirts with a cartoon cat logo will go up for auction Struggling Liquid Audio to dissolve  Internet music company may sell or liquidate its assets. Board has voted in favor of a $57 million stockholder cash payout Trustee to manage Napster in bankruptcy


year 2002 Top ^

Dec.10
Dec.9
Sep.27
  Defunct song-swapping service, creditors and feds agreed to appoint a trustee to oversee the bankruptcy reorganization

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.10 Assets up for auction  Napster: The asking price is $25 million and a deadline only eight business days away Jul.29 Future Bleak After Middelhoff Resignation  Napster: With the resignation of chief executive of Bertelsmann AG, the future looks bleaker for the debt-riddled company Bankruptcy looms for Symphony Jun.3 Napster files for Chapter 11 bankruptcy
  Industry heavyweight Bertelsmann AG follows through on a plan to take over what's left of the Internet music-swapping service
May.28 ExciteAtHome to auction off final remains
  A fire sale has extracted about $60 million from a business valued at $28 billion three years ago
May.14 RealNames to Shut Down  Microsoft has refused to renew a contract to use RealNames technology in the Internet Explorer

year 2001 Top ^

Dec.4 ExciteAtHome will cease in February
  Bankrupt company will discontinue high-speed Internet service after reaching a deal with cable partners
Sep.28 ExciteAtHome sells assets to AT&T  Provider of high-speed access will sell its broadband business for $307 million and file for bankruptcy protection Exodus files for bankruptcy protection



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