Music sharing platform that once performed Napster just sold For $207 million, . A company called Infinite Reality cheated on cash. What can Napster offer in 2025 to guarantee such a price tag? Infinite Reality CEO John Acunto said it will be used for marketing in Metaverse. In other words, the platform since 1999 will be used as part of a technology that appears to have peaked in 2021. This sounds right.
More specifically, the company plans to create virtual 3D spaces for music fans to create sales platforms for musicians and record labels, in addition to participating in concerts and listening parties. This isn’t the worst idea in the world, as participating in such sharing events is probably my favorite aspect of VR.
“The most legendary collaboration?! Infinite Reality has gained the iconic online music brand @napster.
With this acquisition, we are expanding and reimagining Napster to enhance artists’ abilities with new audience profitability and engagement abilities, which is backed by IR #Immersive… pic.twitter.com/l4fig7qfct
– Infinite Reality (@infinite_ir) March 25, 2025
“When we think of clients with audiences (influential people, creators), I think it’s very important that they have a connection space related to the music and the music community,” Acunto said. “We just can’t see anyone in the streaming space creating space for music.”
Napster has many licenses to play millions of songs, which makes it a prospect of infinite reality. The company said its version of Napster would be “legally interrupted.”
Jon Vlassopulos, current CEO of Napster, said the purchase will allow artists to create “a crazy environment truly constrained by imagination.” For example, he describes a reggae artist who may enjoy a virtual beach environment. Acunto added that it was like “a trillion dollar for club time.” He refers to the virtual event application but was stabbed in the end.
Infinite reality has been buying over the past few years. In addition to Napster, it also purchased Meta-style marketing platform And VR shopping platform .
As for Napster, it began in 1999 and swept the world, creating a simple way to steal music. The ongoing legal battle took only a few years to catch up with the platform and declared bankruptcy in 2001.
However, . Software company Roxio purchased the platform in 2002 and relaunched it as a legal e-commerce business, selling digital music files. In 2008, Best bought it and scooped it up. The retail giant has only been retained on Napster for a few years .
In the next decade . These companies plan to do some sort of NFT-based nonsense because “Music X Web3 is one of the most exciting spaces”. That doesn’t work, well, we’re here. It’s another 25 years, like hot potatoes.
