EA purchases Napster creator's social networking site
Electronic Arts will be most likely utilizing the technology behind Rupture -- which never left its closed beta phase -- to improve its own online multiplayer experiences. As for Fanning, this is his first truly successful venture, following the bankruptcy of Napster, and the modest sub-5mil acquisition of SnoCap, the young entrepreneur's second company.
[Via Massively]
Reader Comments (Page 1 of 1)
SoulBlade @ May 9th 2008 9:22PM
That is awesome - congrats to him.
mark @ May 9th 2008 9:35PM
so wait a buyout of sub-5mil is a failure?
karmaghost @ May 9th 2008 11:10PM
Sounds like he's doing pretty well for himself. Big-ups.
bounchfx @ May 9th 2008 11:22PM
I think it's pretty interesting how someone can create a file sharing program that allows millions of people to download music then get sued by the RIAA out of house and home and still go on without a hitch. major props.
Anthony @ May 10th 2008 4:40AM
I'm pretty sure he never handed over a single penny to the RIAA. It was all software he handed over, and I could be wrong, but I'm pretty sure he gets revenue from the legal Napster.
If that's what you call being sued out of house and home sign me up for a spot on the corner of the street any day of the week.
bounchfx @ May 10th 2008 11:54AM
it's confusing, read it again. I said the people using the program were getting sued out of house and home. Not the creator. You've never heard of RIAA suing the users for 10,000XX dollars?
doom saber @ May 10th 2008 1:49PM
Well, your paragraph makes it sound as if the creator and not the millions of people were being sued, which I and Anthony intially thought you were referrin to the creator.
robotrock @ May 10th 2008 11:28AM
you misspelt VolkswagEn
the_insider @ May 10th 2008 3:21PM
what a waste of money.