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Infinite Reality Acquires Napster for $200M to Create Social Music Platform & Virtual Concerts

  • Infinite Reality has acquired Napster for $207 million.
  • Napster's music streaming service will be transformed into a social music platform with branded 3D virtual spaces for virtual concerts and listening parties.
  • Napster will also offer the sale of physical and virtual merchandise, exclusive digital content, and event tickets.
  • Infinite Reality aims to lead the shift from a 2D clickable web to a 3D conversational one, providing modern tools for better engagement, monetization, and measurement of audiences.

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