Google denies talks with Napster

Filed under: — By Aviran Mordo @ 1:26 pm

Google Inc. on Tuesday denied a report the company is in talks on an alliance with Napster that could lead the Web search leader to purchase the reinvented music subscription service.

The report in Tuesday’s New York Post said the two companies were in discussions about an “extensive alliance” that could include an “outright acquisition” sent Napster shares up more than 40 percent in early trading on Nasdaq.

A spokesman at Google’s Mountain View, California headquarters was not immediately available to comment.

However, a spokeswoman in Google’s U.K. office told Reuters, “I can completely deny the report.”

“No, we have no plans at this time to develop a music store, or to compete with existing online and offline music retailers,” the spokeswoman said in a prepared statement.

Source: Reuters


Leave a Reply

You must have Javascript enabled in order to submit comments.

All fields are optional (except comment).
Some comments may be held for moderation (depends on spam filter) and not show up immediately.
Links will automatically get rel="nofollow" attribute to deter spammers.

Powered by WordPress