On March 25, 2025, Infinite Reality™ (iR), an innovation company powering the next generation of digital media and ecommerce through extended reality, artificial intelligence, and other immersive technologies, announced that the company has entered into a definitive agreement to acquire the iconic online music brand Napster for $207 million. Wilson Sonsini Goodrich & Rosati advised Napster on the transaction.

Napster, a fully licensed music service, offers over 110 million high-fidelity tracks and has paid over $1 billion to artists over the past two decades. iR aims to transform Napster into a social and interactive music platform, enhancing fan engagement through immersive technologies. Napster CEO Jon Vlassopulos will continue to lead the brand and expand its innovative offerings.

The Wilson Sonsini team that advised Napster on the transaction includes:

M&A
Rich Mullen
David Adler
Brian Chan
Joy-Annette Atsegbua
Yifeng Li

Corporate
Mike Pestana
Laura Odujinrin

Technology Transactions
Gary Greenstein
Scott McKinney
Khalil Nobles

Data, Privacy, and Cybersecurity
Matt Staples
Daniel Chen
Dantam Chan

Tax
Myra Sutanto Shen
Anjali Krishnan

Employee Benefits and Compensation
Michael Klippert
Jason Chan

Employment
Matt Gorman
Nedim Novakovic

Export Controls
Anne Seymour
Grace Beck

For more information, please see iR’s news release. Additional coverage can be found on Billboard, CNBC, The Hollywood Reporter, and Variety.