Close Menu
  • Coins
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
  • Blockchain
  • DeFi
  • Metaverse
  • Regulation
  • Other
    • Exchanges
    • ICO
    • GameFi
    • Mining
    • Legal
  • MarketCap
What's Hot

LimeWire Acquires Fyre Festival, Plans Fresh Start With a Crypto Spin

16/09/2025

CZ says stablecoins have defeated CBDCs globally, how come?

16/09/2025

Can Decentralized Indexing Save Web3?

16/09/2025
Facebook X (Twitter) Instagram
  • Back to NBTC homepage
  • Privacy Policy
  • Contact
X (Twitter) Telegram Facebook LinkedIn RSS
NBTC News
  • Coins
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. NFT
    5. View All

    Price Breaks All-Time High Record Again – Here’s What We Know

    04/08/2025

    Bitcoin Switzerland? El Salvador to Host First Fully Native Bitcoin Capital Markets

    04/08/2025

    Bitcoin Breaks $119K, but XLM and HBAR Aren’t Impressed by Its Meager Percentage Gain

    04/08/2025

    High-Stakes Consolidation Could Define Q3 Trend

    04/08/2025

    Ethereum ETF Frenzy Pushes Investors Toward This New Small-Cap

    16/09/2025

    Ether could see the ‘biggest bear trap’ this month: Analysts

    15/09/2025

    Ethereum Whale Cashes Out Millions in DAI After Price Rally: $13.2 DAI Earned

    15/09/2025

    can $4,300 support prevent a deeper correction?

    15/09/2025

    The Sui Ecosystem’s Top 3 Altcoin Performers

    29/07/2025

    Floki Launches $69000 Guerrilla Marketing Challenge With FlokiUltras3

    28/07/2025

    Crypto Beast denies role in Altcoin (ALT) crash rug pull, blames snipers

    28/07/2025

    $1.6 Billion XRP Surge: Here’s What’s Unfolding

    28/07/2025

    LimeWire Acquires Fyre Festival, Plans Fresh Start With a Crypto Spin

    16/09/2025

    American Express Introduces Blockchain-Based ‘Travel Stamps’

    15/09/2025

    NFT sales show modest recovery, Pudgy Penguins jump 110%

    14/09/2025

    Twerk From Home Aims to Become the UFC of Exotic Dancing—With a Crypto Boost

    13/09/2025

    LimeWire Acquires Fyre Festival, Plans Fresh Start With a Crypto Spin

    16/09/2025

    CZ says stablecoins have defeated CBDCs globally, how come?

    16/09/2025

    Can Decentralized Indexing Save Web3?

    16/09/2025

    Stablecoin Usage Ramps up in Venezuela Amid Rampant Devaluation

    16/09/2025
  • Blockchain

    Can Decentralized Indexing Save Web3?

    16/09/2025

    UFC Expands Web3 Partnership with Fightfi’s Fight.ID Platform

    16/09/2025

    ICB Network Partners with Tectum to Pioneer Zero-Fee PayFi Transfers in Web3

    16/09/2025

    ATT Global Taps For Metas to Advance Web3 Ecosystem

    16/09/2025

    Philippine lawmakers push blockchain budget bills in House

    16/09/2025
  • DeFi

    Unlocking a New Era of DeFi Security

    16/09/2025

    Likwid.Fi Partners with RabitAI to Unlock DeFi Lending/Derivatives Trading Potential

    16/09/2025

    Maple Expands to Plasma with Launch of syrupUSDT, Backed by Tether

    16/09/2025

    Symbiotic teams with Chainlink, Lombard for cross-chain Bitcoin security

    16/09/2025

    TVL on Pumpfun’s DEX PumpSwap Breaks New High Above $330M

    16/09/2025
  • Metaverse

    KaratDAO and SecondLive Partners to Reshape Web3 Identity and Immersive Digital Worlds

    16/09/2025

    Metaverse ‘still has a heartbeat’ as NFT sales jump 27% in August

    12/09/2025

    CreataChain Joins LightCycle to Advance Fashion, Interoperability, and AI in Metaverse

    05/09/2025

    new institutional ‘trust’ layer to boost tokenized ESG investment

    04/09/2025

    Metaverse developer The Sandbox lays off 50% of staff and pivots to meme coin launchpad

    28/08/2025
  • Regulation

    CZ says stablecoins have defeated CBDCs globally, how come?

    16/09/2025

    Stablecoin Usage Ramps up in Venezuela Amid Rampant Devaluation

    16/09/2025

    South Korean Tech Giant Unveils Bold Crypto

    16/09/2025

    New ETF Filings Hint at Broader Crypto Product Boom Ahead

    16/09/2025

    JPMorgan Says Fed Won’t Cut Interest Rates in September, Explains Why!

    16/09/2025
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Binance Pay enters South Africa’s checkout lanes through Zapper tie-up

    15/09/2025

    Binance Warns Crypto Projects Against Listing Scams: Details

    15/09/2025

    Revolut Secures UAE Nod for Payments Business, Eyes Regional Expansion

    15/09/2025

    Prediction Market PredictIt Launches in October—Here’s What to Expect

    15/09/2025

    ICO for bitcoin yield farming chain Corn screams we’re so back

    22/01/2025

    Why 2025 Will See the Comeback of the ICO

    26/12/2024

    DeBox Partners with Mythoria to Merge AI-Led GameFi and Web3 Social Ecosystem

    16/09/2025

    Crypto Games Keep Shutting Down. This $500K Fund Aims to Help Players Recover

    14/09/2025

    Conflux Network and Salvo Alliance Targets Scalable Web3 Gaming Adoption

    13/09/2025

    Undeads Games TVL Reached $30M+

    12/09/2025

    DL Holdings to Enter Bitcoin Mining Through Convertible-Bond Deal

    16/09/2025

    Why Bitcoin Miners Are Powering AI’s Expansion

    14/09/2025

    Bitcoin’s Computing Muscle Flexes Harder

    13/09/2025

    Ethiopia is Turning Hydropower Into Bitcoin Mining

    13/09/2025

    Coinbase-backed petition pushes UK on blockchain and stablecoin policy

    15/09/2025

    China Imposes New Cryptocurrency Bans! Here Are the Details…

    15/09/2025

    Input Output Joins CryptoUK to Help Shape UK’s Digital Asset Future

    15/09/2025

    CFTC Nominee Brian Quintenz tells all in Winklevoss twins fight

    15/09/2025

    LimeWire Acquires Fyre Festival, Plans Fresh Start With a Crypto Spin

    16/09/2025

    CZ says stablecoins have defeated CBDCs globally, how come?

    16/09/2025

    Can Decentralized Indexing Save Web3?

    16/09/2025

    Stablecoin Usage Ramps up in Venezuela Amid Rampant Devaluation

    16/09/2025
  • MarketCap
NBTC News
Home»Metaverse»Napster Snapped Up for $207 Million to Build Music Metaverse
Metaverse

Napster Snapped Up for $207 Million to Build Music Metaverse

NBTCBy NBTC25/03/2025No Comments4 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


Napster, the brand that once sent the music industry into panic mode but then faded, was just acquired for $207 million.

Infinite Reality is buying the streaming service to transform it into a platform where fans can hang out in virtual spaces, attend concerts, and buy merch directly from artists, the virtual reality startup announced.

The deal is also the highest price tag yet for Napster, which has circulatedamong half a dozen companies, including Rovio to Algorand, since its controversial file-sharing days. Infinite Reality is betting big that music fans want more than just passive listening.

“By acquiring Napster, we’re paving a path to a brighter future for artists, fans, and the music industry at large,” John Acunto, Co-Founder and CEO of Infinite Reality, said in an official statement. “We’re creating the ultimate music platform where artists can thrive in the next wave of digital disruption.”

Current Napster CEO Jon Vlassopulos is staying on and expanding his role. Before joining Napster in 2022, he headed music at Roblox where he pioneered virtual concerts that reached millions of fans.

“Napster revolutionized digital music in the nineties, and now, with Infinite Reality, we’re ready to do it again,” Vlassopulos said. “The internet has evolved from desktop to mobile, from mobile to social, and now we are entering the immersive era. Yet, music streaming has remained largely the same. It’s time to reimagine what’s possible.”

Napster’s journey from dorm room disruptor to corporate asset spans over two decades. Founded by Shawn Fanning and Sean Parker in 1999, the original service let users freely share MP3s before legal battles with record labels and artists like Metallica shut it down in 2001.

Since then, the brand has bounced between owners—Roxio in 2003, Best Buy in 2008, then Rhapsody in 2011. VR company MelodyVR bought it for $70 million in 2020, followed by blockchain firm Algorand in 2022.

This shift to Web3 revived the company, which started working on its own $NAPSTER token and made some acquisitions to promote a decentralized music service. “The hope is that we can bring this innovation to the mainstream and get consumers—regular fans—just doing it,” Napster CEO Jon Vlassopulos told Decrypt in a 2023 interview. “So it’s almost going back to that [point] where you had collectible downloads that were scarce, and it just wasn’t on-chain.”

Today’s Napster is a fully licensed streaming service with 110 million tracks available in 34 countries. The company claims it has paid artists and songwriters over $1 billion.

Infinite Reality plans to build 3D virtual spaces where fans can experience concerts, join listening parties, and interact with artists. The platform will also sell physical and digital merchandise, offer exclusive content, and distribute event tickets directly.

“Imagine stepping into a virtual venue to watch an exclusive show with friends, chat with your favorite artist in their own virtual hangout as they drop their new single,” Vlassopulos explained in the company’s statement.

Infinite Reality will connect Napster with its other entertainment properties, including the Drone Racing League and esports teams competing in games like Call of Duty. This cross-promotion could help artists reach younger, gaming-focused audiences.

“We can think of no better use case for our technology than putting it in the hands of music artists who are constantly pushing the boundaries of what’s possible,” said Amish Shah, chief business officer of Infinite Reality.

Whether this latest reinvention finally gives Napster a sustainable future remains to be seen. Previous attempts to revitalize the service have yielded mixed results, and metaverse-style music experiences haven’t exactly gone mainstream.

The acquisition is expected to close in the coming weeks, with new features rolling out in the future as Infinite Reality “evolves the brand even further.”

Edited by James Rubin

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

Related Posts

KaratDAO and SecondLive Partners to Reshape Web3 Identity and Immersive Digital Worlds

16/09/2025

Metaverse ‘still has a heartbeat’ as NFT sales jump 27% in August

12/09/2025

CreataChain Joins LightCycle to Advance Fashion, Interoperability, and AI in Metaverse

05/09/2025

new institutional ‘trust’ layer to boost tokenized ESG investment

04/09/2025
Add A Comment

Comments are closed.

Top Posts
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook X (Twitter) LinkedIn RSS
Top Insights

LimeWire Acquires Fyre Festival, Plans Fresh Start With a Crypto Spin

16/09/2025

CZ says stablecoins have defeated CBDCs globally, how come?

16/09/2025

Can Decentralized Indexing Save Web3?

16/09/2025
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Type above and press Enter to search. Press Esc to cancel.