Best Buy Coughs Up $54 Million For Napster 164
MarketWatch reports that Best Buy has decided to toss $54 million into an acquisition of Napster. All told, the deal amounts to around $121 million, with about $67 million headed towards getting cash and short-term investments from Napster's balance sheet. "The deal will give Best Buy an online digital music retail outlet as well as a subscription streaming service that has about 700,000 subscribers. That could help Best Buy to compete against retail giant Wal-Mart, which has its own online digital music offering."
... and somehow, they managed to make it suck more (Score:5, Funny)
Good work, Best Buy. That takes effort.
Hey, blue-shirt bitches! (Score:3, Funny)
That's a lot of Monster Cable money your bosses just threw away. Betcha they didn't buy a warranty, either.
Re:Just a name... (Score:5, Funny)
Did you hear that, Steve Jobs? (Score:5, Funny)
Expect all kinds of innovation from this combined entity... Like 98.9 cent downloads. Store name that ends in "ster". More.
Re:Did you hear that, Steve Jobs? (Score:5, Funny)
Nothing left to say (Score:5, Funny)
You know, I tried hard to think of something funny here. There's just not a punch line you can add to this.
To paraphrase Hank Hill, this acquisition is the feces that is produced when shame eats too much stupidity.
Windows Guru + Napster = ? (Score:2, Funny)
Great... (Score:2, Funny)
Re:Just a name... (Score:3, Funny)
Since when was Napster a household name? It's so far off the cultural radare you couldn't hit it with a Phoenix missile.
Those crazy kids today haven't ever even used Napster. It's like talking to them about the Love Boat: they just get a blank look in their eyes, and nod accommodatingly.
As for my general thoughts on this, I'll try to be brief.
WTF?
Re:Stupid (Score:1, Funny)
Go into a store some time. They have racks of CDs. Sure, it's limited selection, but those CDs are the popular (i.e. high-selling) stuff. Everyone would love to have their CDs for sale at Wal-Mart, so yeah, they have a formidable digital music service.
And I didn't see any tapes last time I was there. I think they may be completely out of the analog market.
my dream (Score:4, Funny)
So cool (Score:3, Funny)
LOL - totally right.
"Hey kids - remember when you used to download N'Sync off Napster? Back in 2001? When that first iPod came out with the black text screen, and Napster was synonymous with 'free' and 'rebellious?'
Good news! Napster is still cool! It's, like, 'phat' and stuff! And now we own it! So it's not free or rebellious anymore. But come on back and give us some money!"
They could have just... (Score:3, Funny)
Suckers!!!!
Re:... and somehow, they managed to make it suck m (Score:2, Funny)