Napster CEO Steps Down





In another blow to the already-gasping-for-air file swapping web site, Napster CEO Hank Barry announced yesterday that he would be leaving the company.
The announcement was made at yesterday's (July 24) Plug.In online-music conference and his replacement will be Konrad Hilbers, a former executive at Bertelsmann AG ó the parent company of record company BMG ó which formed an alliance with Napster last year. The site has been down since July 2, when the company said it was halting file transfers in order to solve problems with the database behind its new filters, which use acoustic fingerprinting technology to identify songs by their musical content.
Supposedly, a new "improved" subscription Napster will be up in the near future.



Source: MTV.com

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Napster CEO Steps Down