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Sep162008
Best Buy snags Napster
This looks like a pretty strong move, it allows Best Buy to compete a little on the download front and bolsters it’s line of online offerings (like in-store pickup), not to mention its recent ability to sell iPhones in their stores. Probably a steal at 121 million.Best Buy said today it would spend $121 million to buy former file-sharing poster child, Napster. The move gives Best Buy the ability to offer DRM-free movies and music downloads that would compete with Amazon.com’s download services as well as proprietary files offered by Apple in its iTunes store.
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