Immersive music startup MelodyVR acquires Napster
The US$70 million deal will combine Napster's expansive library with Melody VR's catalogue of virtual live music shows
News By IQ | 25 August 2020
Live music virtual reality platform MelodyVR is acquiring Rhapsody International, which operates as music subscription service Napster.
The US$70 million acquisition will eventually combine Napster’s library of over 90 million audio tracks and Melody VR’s catalogue of virtual live music shows, to create a platform where users can stream music and experience immersive live performances.
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“For music fans today, live and recorded music are intrinsically linked. We are as keen to see our favourite artists perform live as we…
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