Tag Archives: Shawn Fanning
Airtime Raises $25 Million and Acquires Erly
Airtime is a video startup company that was founded by Napster founders Shawn Fanning and Sean Parker. Airtime is still in stealth mode, but they have made their first acquisition. Airtime acquired Erly, a company that lets people create “a beautiful webpage for your event.” The event page lets you invite guests, collect photos/videos/stories, and browse updates from your friends’ events. Erly was founded by former Hulu CTO Eric Feng. On top of acquiring their first company, Airtime has announced a new $25 million round of funding led by Kleiner Perkins. Andreessen Horowitz and Google Ventures participated in this round of funding as well. Kleiner Perkins partner Bing Gordon is joining Airtime’s board of directors as part of the new round of funding. Airtime is expected to launch on June 5th.
Categories Airtime, Eric Feng, Erly, Sean Parker, Shawn Fanning
Leave a comment
Shawn Fanning and Sean Parker Working On New Video Chat Company Called Yo
[Left: Shawn Fanning, Right: Sean Parker]
Shawn Fanning and Sean Parker is best known for working together on Napster. Sean Parker was referred to as a co-founder in Napster in the movie The Social Network, but he was an early employee in the music sharing company that Shawn Fanning founded. Now the two are working together on a new video chat project called Yo.
(more…)
Categories Napster, Sean Parker, Shawn Fanning, Yo
Leave a comment
Napster Makes A Come-Back In The Form Of An iOS Application!
Remember Napster? It was the music sharing service that was created by Shawn Fanning and Sean Parker in 1999 and ended up shutting down after the RIAA went after them for copyright violations.
(more…)
Categories Apple App Store, Apple Inc., Best Buy, Napster, Sean Parker, Shawn Fanning
Leave a comment
Napster’s $10 Million Offer For The Pirate Bay Gets Rejected
Global Gaming Factory made an offer to buy out The Pirate Bay for $7 million about a month ago. That deal is expected to close soon, but right out of left field another offer for The Pirate Bay has been made.
The offer came from John Fanning, the uncle of Napster founder Shawn Fanning. John Fanning is the former CEO of Napster. And Napster was bought out by Best Buy in September 2008 for $121 million.
The Pirate Bay turned down the offer shortly after GGF CEO Hans Pandeya and Fanning discussed the deal in London. GGF also received a $15 million offer from an unnamed Russian company. That would more than double GGF’s acquisition investment instantly.
“The basis for a legal site has been placed and contracts are expected to be concluded shortly with a leading player in the entertainment industry. The development of the company is very positive, and goes as planned,” stated Pandeya.