Funding Details
- Awarder
- Inbox
- Date Award
- May 17, 2025
- Vertical
- Music Streaming
- Funding URL
- View Funding Page
Company Info
- Founding Year
- 1999
- Traction
- Napster has transitioned from a file-sharing service to a licensed music streaming service with a subscription model, currently offering on-demand streaming for $11 per month.
- Founders
- Shawn Fanning, Sean Parker
- Company Description
- Napster pioneered music sharing over 25 years ago and has evolved into a music streaming service offering on-demand streaming of licensed tracks. It was recently acquired by Infinite Reality for $207 million, which plans to leverage the brand for marketing in the metaverse.
- Market
- Entertainment
- Location
-
USA
Links