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Napster Is Still Worth $200 Million in 2025, for Some Reason

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The original Napster went out of business in 2001 but, despite its short, fiery life and premature, litigation-fueled death, it has soldiered on throughout the years, thanks largely to newer tech companies that are eager to capitalize on the legendary music platform's brand.
The article from Gizmodo discusses the surprising valuation of Napster, the once-revolutionary music file-sharing service, which is now valued at $200 million in 2025 despite its tumultuous history. Originally launched in 1999, Napster became infamous for enabling widespread music piracy, leading to its shutdown in 2001 after legal battles with the music industry. However, the brand was resurrected multiple times, transitioning into a legal music streaming service. Despite its checkered past and the dominance of competitors like Spotify and Apple Music, Napster has managed to maintain a niche market presence. The article highlights the nostalgia factor, the brand's recognition, and its pivot to blockchain technology for music distribution as reasons for its continued, albeit modest, relevance in the music industry.

Read the Full Gizmodo Article at:
[ https://gizmodo.com/napster-is-still-worth-200-million-in-2025-for-some-reason-2000580536 ]