Infinite Reality acquires Napster for $207 million to create a music meta-universe
2025-03-26 02:57:40
Artificial intelligence and meta-universe company Infinite Reality announced the acquisition of the old music platform Napster for $207 million, planning to transform it into a music meta-universe platform.
Napster CEO Jon Vlassopulos will stay on, which he says will drive the music experience from "mobile social" to "three-dimensional immersion". Napster, which issued platform tokens on the Algorand blockchain in 2022, this acquisition marks a further transformation into the Web3 space.
Napster CEO Jon Vlassopulos will stay on, which he says will drive the music experience from "mobile social" to "three-dimensional immersion". Napster, which issued platform tokens on the Algorand blockchain in 2022, this acquisition marks a further transformation into the Web3 space.
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