Narrow your search
Create music mixes snd stream them on the Web.
Snocap might have axed half its workforce last year, but still, the Shawn Fanning-founded company had developed technology appealing to the social-media network.
The company founded by Napster cofounder Shawn Fanning has been for sale for months.
Rusty Rueff says laying off 31 employees, or 54 percent of company's staff, was necessary to attract potential buyers.
The music-licensing company says the cutbacks are part of a plan to "refocus resources."
After years of negotiations, online CD seller CD Baby signed a digital distribution deal with Snocap. Nobody benefitted.
Napster founder Shawn Fanning's new venture names entertainment industry veteran Rusty Rueff as its chief exec.
Shawn Fanning, creator of the once notorious song-swap service, is working on new venture aiming to help record labels make money from file swapping.
Napster creator Shawn Fanning is working on new venture aiming to help record labels make money from file swapping.
Napster founder's Snocap, aiming to turn file-trading into song sales, gains another music industry ally.
Shawn Fanning outlines his vision for new generation of file swapping. His new company Snocap aims to make P2P pay.