Napster Mystery Investor
posted 9 hours ago #
In 2024, I interviewed for a job way out of my league at Napster. I was intrigued by the idea of working for a well known brand with a history of being an upstart; particularly in the music streaming space where there is a lot of potential to do good, which seems to be the opposite of the norm. Unsurprisingly, I did not get the job.
I think I may have dodged a bullet tho because Napster has been in turbulent waters in 2025! This Forbes piece breaks down the story of a $3.6 Billion investment that has vanished. Napster alleges to be the victim of investor fraud, can not pay its existing shareholders and has let go a good number of employees. They're also being sued by the likes of Sony and other rights holder for lack of royalty payments. It's not looking great!
But Napster has a history of perseverance. Will their Napster AI product eventually launch and gain traction? Impossible to say! Who knows what the future holds!
I think I may have dodged a bullet tho because Napster has been in turbulent waters in 2025! This Forbes piece breaks down the story of a $3.6 Billion investment that has vanished. Napster alleges to be the victim of investor fraud, can not pay its existing shareholders and has let go a good number of employees. They're also being sued by the likes of Sony and other rights holder for lack of royalty payments. It's not looking great!
But Napster has a history of perseverance. Will their Napster AI product eventually launch and gain traction? Impossible to say! Who knows what the future holds!

