Napster's assets were eventually acquired by Roxio, and it re-emerged as an online music store. Some services and software, like AudioGalaxy, LimeWire, Scour, Kazaa / Grokster, Madster, and eDonkey2000, were also brought down or changed due to copyright issues. Later, more decentralized projects followed Napster's P2P file-sharing example, such as Gnutella, Freenet, FastTrack, and Soulseek. It ceased operations in 2001 after losing a wave of lawsuits and filed for bankruptcy in June 2002. As the software became popular, the company ran into legal difficulties over copyright infringement. ![]() It was founded by Shawn Fanning and Sean Parker. Audio songs shared on the service were typically encoded in the MP3 format. It originally launched on June 1, 1999, as a pioneering peer-to-peer (P2P) file sharing software service with an emphasis on digital audio file distribution. ![]() Napster was an audio streaming service provider.
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