Digital Home Thoughts: C|NET: "Betting It All On Napster"

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Friday, September 3, 2004

C|NET: "Betting It All On Napster"

Posted by Suhit Gupta in "NEWS" @ 08:00 AM

http://news.com.com/Betting+it+all+on+Napster/2008-1027_3-5331890.html?tag=nefd.lede

"By any measure, Napster Chief Executive Chris Gorog is one of the world's biggest believers in digital music. Eighteen months ago, his company, Roxio, was a successful, if unspectacular, player in the CD-burning software market. Then, in a rapid-fire corporate transformation, he purchased the Napster brand name at a bankruptcy auction, bought the record-label-backed Pressplay subscription service and relaunched the Napster brand as an iTunes song store rival and online music subscription service. A few weeks ago, he took the final step, selling off the old Roxio business and changing the company's name to Napster altogether."

Check out this C|Net interview with Chris Gorog where he gives some background to and basically justifies his decisions regarding Napster. He also talks about his competitors, sales, and the future of the company. Definitely makes for interesting reading since I was quite surprised by both the decision to sell Roxio as well as changing the name of the company.

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