M ETALLICA VS. N APSTER By: Becky Bodnarchuk. N APSTER Napster was a new and up coming website that you could download music for free, an older version.

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Presentation transcript:

M ETALLICA VS. N APSTER By: Becky Bodnarchuk

N APSTER Napster was a new and up coming website that you could download music for free, an older version of our limewire and frostwire. They didn’t believe they were doing anything wrong.

M ETALLICA Just a band that wanted their money’s worth for recording music. They decided to sue the pants off of Napster.

E ND RESULT A settlement was reached between Metallica and Napster when German media conglomerate Bertelsmann AG BMG showed interest to purchase the rights to Napster for $94 million. Under the terms of settlement, Napster agreed to block users who shared music by artists who do not want their music shared. However, on June 3, 2002 Napster filed for Chapter 11 protection under U.S. bankruptcy laws. On September 3, 2002, an American bankruptcy judge blocked the sale to Bertelsmann and forced Napster to liquidate its assets according to Chapter 7 of the U.S. bankruptcy laws.

I N THE END In the end, Napster went bankrupt and had to shut down the website. Metallica won the lawsuit.

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