Best Buy to Purchase Napster

best buy napster Best Buy to Purchase Napster

Best Buy today agreed to pick up Napster for $2.65 per share or about $121m. What is interesting here is Best Buy has been using Rhapsody for their own branded music store going as far as requiring manufactures to change their packaging to include the “Best Buy Digital Music Store” branding. (The reason why Creative no longer sells at Best Buy is because they refused to change their packaging and get on board the BB music store.)

This news is a bit disappointing for me since I was never really a fan of Napster and currently subscribe to Rhapsody and Zune Marketplace. It’s not that Napster is a bad music service, it’s just Rhapsody has a better catalog and has the best recommendation engine in the game. But I guess the good news is you will still be able to use Rhapsody Subscription on most of the players sold at Best Buy, it’s just not going to be bundled. Also note that it has not been officially stated as to what will happen with the Rhapsody / Best Buy partnership, but I am assuming the obvious.

[Press Release via PaidContent]




6 Comments

David on September 15, 2008 2:16 PM

They bought napster for $121? It should say $121.000.000 :)

Grahm Skee on September 15, 2008 2:27 PM

lol, yeah i guess i forgot the “m”

Grahm Skee on September 16, 2008 10:56 AM

@ice Online only and in very limited numbers of remaining stock.

Jason Schechter on September 17, 2008 9:14 AM

Screw Rhapsody, they busted my MP3 player and I have now switched to Napster! Napster was the granddaddy of them all and deserves everyone’s respect. I believe they will be the innovators for more great services down the line. Smart move Best Buy!!!

countxero on October 1, 2008 9:15 PM

Um, Napster actually has a larger catalog of songs and always has… they are ringing in at 6 million now and Rhapsody is at about 5 million… plus, outside of Napster’s advanced Automix function, they both use the same recommendation system. Are you sure you really compared the two services or are you just reading from Rhapsody’s site?

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