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Wednesday, May 15, 2002 |
Last Rites For Napster
Napster -- the embattled file-trading company you love to hate -- is just about dead. In a furious day of activity, the company CEO quit and employees were given two unappealing options. By Brad King. [Wired News]
How bright the light and steep the fall. Rare are the companies that rise and fall as far as Napster. The great irony is that Napster has assured itself in business hitory as the company that sent the shockwave through the Music Industry. All the industry had to do was ride the wave and adjust their business model. Instead they tried to crush the future. They have, and will fail. History is not kind to those who fail to see the future. The dinosaurs of the Music Industry will be sucked into the tar pits of their own greed...mj
11:11:26 AM
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