Best Buy, the big box electronics giant, just forked over a relatively small $127 million in cash (easy for me to say, right?) to buy Napster.
Two things:
1. Napster is over -- way over.
2. Napster isn't coming back.
Nonetheless, give Best Buy some credit for at least thinking out of their big box and understanding a reality that will affect them soon -- the next generation doesn't live in record stores. Often, they don't even live in electronics stores.
It's too early to tell Best Buy's end game here. The Napster they are buying has about 700,000 subscribers. It does about $30 million a quarter and has&hellip
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