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In 2001, 80 million people used this illegal service. They were sued for $100M โ then shut down completely. 2 years later, they pulled off the most unexpected pivot in tech history. Here's how Napster went from illegal to industry standard: In 1999, a college student named Shawn Fanning created Napster to make sharing music easier. Millions of people loved it, and by 2001, 80 million users were sharing songs. The problem? It was illegal. Napster got sued for $100 million and shut down in 2001. But that wasnโt the end. In 2003, it came back as a legal music streaming service. Hereโs the twist: Napsterโs idea of streaming music changed everything. Platforms like Spotify used the same model, turning music sharing into a billion-dollar industry. Napster taught us one big lesson: sometimes, the ones breaking the rules are the ones shaping the future. Follow Mr Z for more such amazing content!

Trivias Around start...ย โขย 1y
Saturday Startup trivia- The Revolutionary Silicon Valley Prankster โ Napster In the heady days of the late 90s tech boom, two young visionaries, Shawn Fanning and Sean Parker, ignited a revolution that would forever transform the music indu
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Hey I am on Medialย โขย 1y
Music streaming platform for indie music artists to create a profile and upload their music. This can help youngsters discover new indie musicians of every state and also help budding music artists to upload their music albums or the songs they compo
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Medialย โขย 6m
Yamaha Launches $50 Million Fund to Support Music-Tech Startups Yamaha Corporation has announced a $50 million fund aimed at supporting music-tech startups. The goal is to help companies that are innovating in the music industry, including new tech
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Apple Music Turns 10: Celebrating a Decade of Streaming Apple Music is celebrating its 10th anniversary with a spotlight on innovation. It announced the opening of Apple Music Studios in L.A., a creative hub for artists and spatial audio engineers.
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>Gaana App has been acquired by Radio Mirchi for Rs 25 lakhs. >Gaana App is an on-demand music streaming platform that was once a $500 million startup. >After failed merger and acquisition talks with Wynk Airtel, the app was acquired by Radio Mirch
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CA Intermediate | Mc...ย โขย 1y
I think now speakers should come with build in music streaming, It's so frustrating to connect to phone, and when you left the room the music stops, and when you're watching reels it plays through speaker.. Shouldn't the music kept playing.. Connec
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Al to reshape tech like Spotify changed the music industry: CJI Chief Justice DY Chandrachud said Al will reshape technology just like Spotify and Apple Music challenged traditional record labels. "[Music-streaming platforms] democratised access to m
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Trivias Around start...ย โขย 11m
The Rise and Fall of Vevo: How Music's Corporate Giants Tried to Conquer the Internet In the late 2000s, the music industry was bleeding. Napster and LimeWire had decimated traditional revenue streams, and record labels watched helplessly as illegal
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