'Napster? Is it 1999?' Millennials react with disbelief at $207 million sale.
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Publish date
Mar 25, 2025 - 12:00am
Web URL
https://www.businessinsider.com/napster-making-comeback-metaverse-music-platform-millennials-2025-3
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Infinite Reality announces $207M Napster Purchase
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The news on Tuesday that Napster had been sold for $207 million sparked disbelief as millennials experienced a hearty dose of nostalgia.
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As it happens, Napster now has the licenses to (legally) stream millions of music tracks, and John Acunto, Infinite Reality's CEO, told CNBC the plan is to build virtual spaces for concerts, listening parties, and merch sales.
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