Napster vs The Record Labels | Fight to the Death

In our last episode of Napster versus the Record Labels, the insanely popular file-sharing company staved off a preliminary injunction that would have shut them down, though the outlook for Napster remains bleak. Napster’s run out of heroes. Congress is not going to save the company when the evidence shows it knowingly ignored piracy. And negotiations with the labels go sideways when Napster’s CEO Hank Barry first jacks up the buyout price to $2 billion dollars and then refuses to give them majority control. Universal walks, and the other labels follow. All that’s left is Bertelsmann.