Is Shawn Fanning's Snocap melting? 1
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newtley
newtley writes "Rumors are swirling about the pending demise of Napster creator Shawn Fanning's Snocap, says Michael Robertson, former MP3.com CEO who's now CEO of MP3tunes and founder and chairman of Linspire. "Articles mention a 'sale', but more likely it will be a shuttering and quiet bankruptcy," he believes. "Snocap represents a commonplace occurrence in the music business — an unprofitable retailer which withers and eventually dies.""
Some extra insight from CD Baby (Score:2, Informative)