All the Rave: The Rise and Fall of Shawn Fanning´s Napster

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It was the best of ideas, it was the worst of ideas. Perhaps the most revolutionary technological concept to emerge in the super-heated days of the internet investment bubble (with apologies to one-click ordering), the peer-to-peer .mp3 file transfer system developed by barely reformed computer hacker Shawn Fanning fueled a company that at its peak claimed 70 million users and ranked as the fastest-growing company in history. Not bad for the out-of-wedlock son of the guitarist for a Boston-area Aerosmith cover band still in his teens. The story of how Napster challenged the copyrights and distribution hegemony of the world's ruling music business cartel has become one of the e-boom's most enduring myths: David vs. Goliath, with an outcome more like Tyson Vs. Lewis. In deconstructing the saga, veteran Los Angeles Times business reporter Joseph Menn patiently chronicles the double-dealing, ego, greed, hubris and remarkable naivete--informed by precious little long-term vision--that variously characterized both sides of the epic struggle.

Author / Editor: Menn, Joseph

Category: Business, Finance

ISBN: 9781400050062

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