Adding lawsuit to corporate losses, Napster just keeps giving


One must wonder if Napster's VC, Hummer Winblad Venture Partners, had any idea that backing the company would end up producing a lawsuit from EMI and Universal Records for "provided a safe haven for the rampant piracy of copyrighted works on an epic and unprecedented scale...Hummer Winblad knowingly facilitated infringement of plaintiff's copyrights for its direct financial benefit".

I am wondering what benefits they received, but this is the record industry, so who knwos how they do their math.

Check out the story at CNet to find the details.