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When it launched on June 1, 1999, the peer-to-peer music sharing service responded to a real need. It also heralded a troubling new ethic in tech that still shapes our world today.
Napster was founded by Shawn Fanning and Sean Parker. [3] Initially, Napster was envisioned by Fanning as an independent peer-to-peer file sharing service. The service operated between June 1999 and July 2001. [4]
Napster's legacy: 4 ways the software changed the music industry, from streaming to how artists make money An internet site appears on a computer screen as a user downloads music onto a minidisc ...
In 2002, Roxio bought the assets of the original Napster at its bankruptcy auction and acquired PressPlay in May 2003 for $40 million. [5] After integrating the services, Roxio launched a revamped Napster in October 2003, whereby users were able to download songs a-la-carte or pay for a monthly unlimited download and streaming media service.
June 1999 – Napster was created by Shawn Fanning. Napster let users search across all users' shares. Napster provided a centralized server that indexed the files, and carried out the searches. [28] Individual files, however, remain on the hosts' computers and were transferred directly from peer to peer.
On June 1, 1999, Fanning released a preliminary beta program of Napster and soon, hundreds of college students at Northeastern were trading music. [2] Sean Parker was the co-founder. They got the name from Shawn's Harwich High School nickname "Nappy", in reference to his hair texture.
In a 2000 study, it was shown that users of Napster who download free music actually spent more money on music. [20] In another study, it was proposed that by downloading free music, users are able to sample new music and find new tastes, which may lead to increased sales. [21] Several artists also supported Napster and used the service for ...
“I selected movies [and] shows to watch at home for entertainment.” ... “Enjoy the process and find creative ways to have fun without spending money,” she said. 6. Budget Your Necessities