Wednesday, September 04, 2002

BET YOU DIDN'T KNOW IT WAS STILL GOING: Court blocks sale of remaining bits of Napster to Bertelsmann (who, since they're getting out of online music distribution anyway must be, like, really, really gutted); company finally unplugs for good; era ends.
More interestingly, it means the millions that BMG has lobbed into the company over the past few years has been pissed up the proverbial wall, which will make them chuckle like a drain as the realisation sinks in that they've paid 1996 prices for Zomba (i.e. well over the odds.)
Who'd be a big label, eh?
Hey, is this rope attached to our ankle? [MediaGuardian] - maybe we should have untied it before we kicked them into the hole...


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