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Bankruptcy court OKs Napster's sale

27 November 2002 14:59 by Petteri "dRD" Pyyny

Bankruptcy court OKs Napster's sale Bankruptcy court OK's the sale of Napster's intellectual property to Roxio, ending the long story of the P2P pioneer.

Next step is to court to set up a trustee to plan how to distribute the $5.3M Roxio paid for the bankrupt company to the company's creditors.

Source: ABCNews

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Related articles:

  • Roxio planning to buy Pressplay? (18 May 2003)
  • Roxio to re-launch Napster this year (25 February 2003)
  • Music publishers sue Bertelsmann over Napster funding (20 February 2003)
  • Napster's remaining assets to be auctioned (21 November 2002)
  • Roxio buys Napster's assets (15 November 2002)
  • Napster: The Movie (3 October 2002)
  • Napster files for Chapter 11 (3 June 2002)
  • RIAA files a lawsuit against Napster (15 November 1999)
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