Best Buy snaps up Napster

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… Continue reading Best Buy snaps up Napster

Blockbuster offered to buy Circuit City. Zah?

News came out today that Blockbuster offered to buy out Circuit City at a premium over their then valuation. Beats me why they would do this. CC turned them down (also another head-scratcher), b/c they said they were unsure about the financing. Why isn’t Blockbuster going after Netflix. Seems that their biggest problem. via CNET