http://www.marketwatch.com/news/story/best-buy-acquire-napster-54/story.aspx?guid=%7B08814974%2DC2C6%2D4134%2DBAE6%2DAC9651B16AB8%7D&dist=TQP_Mod_mktwN
BBY is buying Napster? Is this the late 90s before the lawsuit? Does BBY really think Napster can be meaningful in this world? 700,000 members? More people go through the BBY NYC store in one day (ok that might be a stretch). Obviously AAPL is enormous in this business, then you have multiple other players such as AMZN, YHOO, WMT, AOL etc. Is this Blockbuster/Netflix all over again? It seems like BBY is getting into the wrong game, especially with MSFT recommitting to Zune and its music service. Realistically this is a week of cash flow so it is peanuts to BBY but I just wonder why it would want to get into this business? I guess it could try to sell music players and the service together or use it as a promotional item with the sale of Zune or a Sony MP3. Sounds like a stretch and could backfire and tickoff its suppliers like AAPL, MSFT and DELL. I guess we'll see how this develops.
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