Napster Closes for good after court blocks financial "lifeline"


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Entertainment
05-09-2002
who: Napster
what: Closes for good after court blocks financial "lifeline"
where: Delaware, USA
when: Yesterday
snippet: US bankruptcy judge Peter Walsh "switched off the song sharing network`s life support machine by blocking the sale of assets to German media and music giant Bertelsmann," reports The Mirror. As a creditor, the judge ruled that Bertelsmann would be looking after its own interests above those of other Napster creditors. [... more]

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