P2P-Zone  

Go Back   P2P-Zone > Napsterites News
FAQ Members List Calendar Search Today's Posts Mark Forums Read

Napsterites News News/Events Archives.

Reply
 
Thread Tools Search this Thread Display Modes
Old 27-03-11, 05:54 AM   #1
JackSpratts
 
JackSpratts's Avatar
 
Join Date: May 2001
Location: New England
Posts: 9,987
Default Napster Boss Set to Buy Metallica’s Record Label

Billionaire Sean Parker considers bid for Warner Music Group, the outfit which destroyed his music website after Ulrich spearheaded action
Martin Kielty

Metallica’s record label could soon be owned by the man who founded Napster, the website destroyed after Lars Ulrich and co went into battle against it.

In 2000 the thrash giants launched legal action against Sean Parker’s online service, the first major player in the MP3 download market. The case was settled out of court but involved banning 300,000 people from using Napster, a move which annoyed many of Metallica’s fans. Ulrich later admitted it was a badly-advised episode in his life, and he wishes he’d dealt with the situation differently.

Warner Music Group continued the legal battle and Napster was finally shut down in 2002. But Parker became a billionaire as part of the team which made Facebook successful – and is now poised to make a bid for the ailing record label, which is currently seeking offers over $2.5bn.

The 31-year-old is in talks with investors Ron Burkle and Doug Teitelbaum about becoming a member of a consortium deal. He’s also an adviser to the Spotify online music service, which has been unable to reach a deal with WMG to use its music catalogue.

Four other parties are believed to be interested in buying the label, which may also be attempting to buy EMI before its own sale. Details are expected to be revealed before the end of April.
http://rocknewsdesk.com/world-news/n...rd-label/1034/
JackSpratts is offline   Reply With Quote
Old 08-04-11, 04:23 AM   #2
multi
Thanks for being with arse
 
multi's Avatar
 
Join Date: Jan 2002
Location: The other side of the world
Posts: 10,343
Default

that will be one for the books..
__________________

i beat the internet
- the end boss is hard
multi is offline   Reply With Quote
Old 04-05-11, 03:28 PM   #3
napho
Dawn's private genie
 
napho's Avatar
 
Join Date: May 2001
Location: the Canadian wasteland
Posts: 4,461
Default

It's not necessarily a good idea to make a purchase based on irony or just desserts or a turnabout is fair play or similar motives. The guy should just enjoy his money and not risk it.
napho is offline   Reply With Quote
Old 17-05-11, 02:35 PM   #4
Nicobie
Registered User
 
Join Date: Mar 2000
Posts: 5,522
Default

Quote:
Originally Posted by napho View Post
It's not necessarily a good idea to make a purchase based on irony or just desserts or a turnabout is fair play or similar motives. The guy should just enjoy his money and not risk it.
I agree
__________________
May your tote always stay tight and your edge eversharp :wink:
Nicobie is offline   Reply With Quote
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Peer-To-Peer News - The Week In Review - February 26th, '11 JackSpratts Peer to Peer 2 24-02-11 08:00 AM
Peer-To-Peer News - The Week In Review - May 29th, '10 JackSpratts Peer to Peer 0 26-05-10 07:30 AM
Peer-To-Peer News - The Week In Review - January 23rd, '10 JackSpratts Peer to Peer 0 20-01-10 09:04 AM
Peer-To-Peer News - The Week In Review - December 12th, '09 JackSpratts Peer to Peer 0 09-12-09 08:07 AM
Peer-To-Peer News - The Week In Review - December 5th, '09 JackSpratts Peer to Peer 0 02-12-09 08:32 AM






All times are GMT -6. The time now is 09:20 AM.


Powered by vBulletin® Version 3.6.4
Copyright ©2000 - 2023, Jelsoft Enterprises Ltd.
© www.p2p-zone.com - Napsterites - 2000 - 2023