Infinite Reality acquires revived music service Napster for $207M

Infinite realityIgnored to the musical brand of a technological company aimed at immersive digital media and e-commerce Salary For $ 207 million.

The two companies have a definitive consent. Napster, a completely licensed independent music service, offers 110 million high fidelity paths from the world’s best artists to a loyal global subscriber base. In the last two decades, Napster has paid more than $ 1 billion for artists and song authors, and companies with the longest-running digital music service said.

Infinite reality, Napsteri said that digital technology and audience plan to flock to the social and interactive music platform, which is followed by digital native fans. This includes millions of people dealing with Drone Racing League (DRL) and the best esport organizations, which are competing in headlines as the call of the Drina Racing League (DRL) and the League of Legends.

Infinite reality is popularly recognized as a methodover, a term developed by SCI-Fi author Neal Stephenson, and in the novel in the novel Snow crash. But after the Meta entered this market, many people have doubted and Metob is a kind of dirty word. Instead of using immersive technology, the infinite reality obtains companies to subtle to the Metobi subtle.

Deals included in deals Obsess, Folding, Drone Racing, Ether and Activity. He received a majority share in the Super League game. Back in January Infinite reality has increased $ 3 billion In an estimate of $ 12.25 billion. And in 2024 the company won $ 350 million and received Head.

The new reconstructed napster will distinguish a social music platform priority on the active listening on passive hearing, which allows relations with artists, to contact the supporters of artists.

To offer tools to artists through this purchase, napster and endless realities:

● Create a branded 3D Virtual Space where fans can obtain virtual concerts, social listening parties and other immersive and community-based experiences.

● Sell both physical and virtual goods, exclusive digital content and event tickets.

● AI-powered customer service, sales and community management agents for more personalization.

● Access to an advanced analytical dashboard to better understand fan behavior.

● Combine the gamiqi to increase your fan badge and loyalty.

● Leverage IR’s audience network – DRL and top essports teams – with the help of a helper and with the help of bridge fans.

● Millions of young people offer innovative sponsorship in brands that connect with cavity consumers.

“By acquiring Napster, we are opening a brighter future for artists, fans and music industry,” said John Acunto, Director General of Infinite Reality. “This strategic movement leads to a slip from an Internet to 3D negotiations from the Internet to 3D talks with the ability to see the endless reality – to give all the creative modern means to make money and measure and measure money.”

I believe that the artist fan communities are developing, “Acunto,” artists are developed by the fan of artists, and their favorite artists are looking for innovative ways of intimate and new income flows.

I met Napster CEO Jon Vlasopulo for time After September 2022, when joined Napster and tried to revive the famous brand.

As part of this purchase, Vlassopulos will continue as General Director of Napster and will take a long role in a global scale. Vlassopulos has launched the reconstruction of Napster since 2022 and took the evolution to new jobs, innovation and subsequent generation immersive music practices in the artist-fan badge.

Earlier, he served as a global music head in Roblox, here for the music industry for the music industry ahead of immersive practices for leading artists and brands reaching $ 100 million with net new income.

Vlassopoulos invested in the original napster when he was in BMG in Bertelsman. There is an experienced entrepreneur, executive and investor, technology, music, game, entertainment and marketing in the intersection of marketing.

“Napster has developed a revolutionary revolution on the Internet and now the Internet desktop from the desktop from a mobile phone from a mobile phone, and now immersive cycle.

Added: “Get acquainted with an exclusive show with friends, enter a virtual space to chat with your own virtual space, which has new single and physical tajiks. Napster is a more interactive and social music experience for the next period of the Internet.”

“As we think about a sector of a sector of a sector of 3D websites, 2D, no community is more critical than creators who use innovations to express themselves and break the inheritance systems. “Napster stops as a testament for the stomach, and we are honored to make advanced spirit and unparalleled expertise in the music industry. We can constantly think that the musical artists do not use it better than pushing.”

Founded in 1999, Napster Forever gives you the first access to digital music and digital music communities by changing the music industry with Fore-To-Peer file sharing technology. After obtaining by Rhapsody, the first legal music stream of music licensed by all known key record labels, napter became an independent digital music service in 34 countries. Together, the endless reality and napster plans to further develop the brand to become a leading immersive musical platform for fans and curators.