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On July 11, 2001, Napster shut down its entire network to comply with the injunction. On September 24, 2001, the case was partially settled. Napster agreed to pay music creators and copyright owners a $26 million settlement for past, unauthorized uses of music, and as an advance against future licensing royalties of $10 million.
Soon after Napster launched on June 1, 1999, the recording industry sued to have it shut down. Over the ensuing months as Napster fought for its life in court, consumers continued to rip CDs and ...
Napster was founded in 1999 by 18 year-old Shawn Fanning. [1] Napster provided a platform for users to download compressed digital music files, specifically MP3s, from other users' music libraries. Unlike many peer-to-peer services, however, Napster included a central server that indexed connected users and files available on their machines ...
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.
Napster [3] [4] is a music streaming service based in Seattle, Washington, United States. Until 2016, the service was known domestically as Rhapsody before rebranding as Napster, the same name brand that was used by Roxio's Napster .
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.
The service was sued by artists including rock legends Metallica and rapper Dr. Dre for copyright infringement, and forced to shut down after just a few years in operation amid the weight of ...
July – Napster shuts down due to injunction. Many former Napster users move to OpenNap servers. [43] July – Audiogalaxy Satellite client reaches 1 million downloads. [citation needed] July 2 – BitTorrent released by Bram Cohen. [44]