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.