Napster has been reborn as a legal online music service, but the ghost of its former renegade song-swap self is trailing about $17 billion of legal baggage.

Next Tuesday [04/27/04], music labels and publishers will face off against Bertelsmann AG [BERT.UL] in federal court in San Francisco over claims the German media company’s 2000 investment in Napster kept the file-swapping service operating eight months longer than it would have done otherwise. [more @ www.forbes.com]

Posted Tuesday, April 27th, 2004 at 8:36 pm
Filed Under Category: Music Business
Both comments and pings are currently closed.

0

Comments are closed.