Home > Miscellaneous > Best Buy snaps up Napster

Best Buy snaps up Napster

by Khalid Hosein on September 16, 2008

Interesting. Best Buy is getting way deeper into the subscription/user services business, by buying Napster and its 700k paying members. Purchase price: $127M. At a minimum of $13/mo/user, they stand to make that money back in less than 2 years. Of course, being Best Buy, they’ll be able to promote Napster to a huge audience as well as bundle it with other hardware they sell in store.

Posted in: Miscellaneous

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Tagged as: bestbuy, music, napster, online, retail, subscription

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