Infinite Reality completed the acquisition of Napster for $207m.

Infinite Reality, a digital media and ecommerce company, completed the acquisition of Napster, an independent music service company, for $207m. “By acquiring Napster, we’re paving a path to a brighter future for artists, fans, and the music industry at large. This strategic move aligns with Infinite Reality’s vision to lead an internet industry shift from a flat 2D clickable web to a 3D conversational one - giving all creators modern tools to better engage, monetize, and measure their audiences. I firmly believe that the artist-fan relationship is evolving, with fans craving hyper-personalized, intimate access to their favorite artists, while artists are searching for innovative ways to deepen connections with fans, and access new streams of revenue. We’re creating the ultimate music platform where artists can thrive in the next wave of digital disruption,” John Acunto, Infinite Reality Co-Founder and CEO.