Napster Settles Lawsuit, Trying To Move Forward

from the hmmm... dept

It’s really not that interesting that Napster has settled yet another lawsuit, this time paying out $36 million. I just find it interesting that this company keeps on paying out ridiculous sums to settle lawsuits while it still hasn’t shown us any real likelihood of making any money. If you add the costs of all these lawsuits and settlements to the development costs of the product you’re looking at one of the most ridiculous expenditures since Iridium. Except, with Iridium, they actually had something tangible to sell at the end. I’m not sure what Napster has.

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