Infinite Reality Acquires Napster For $207M
Napster Or Nurture: Nashville-based music service
Napster is being acquired by digital media and AI company
Infinite Reality (iR) for $207 million. Napster CEO
Jon Vlassopulos will continue in the position he has held since 2022, and take on a broader role for iR globally. iR says it plans to "transform Napster beyond streaming into a social and interactive music platform ... that prioritizes active fan engagement over passive listening, allowing artists to connect with, own and monetize the relationship with their fans." Find the full release
here.
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