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, Sean Parker, and Hugo Sáez Contreras. Audio songs shared on the service were typically encoded in the MP3 format. Napster was a peer-to-peer file sharing application that originally launched on Jwith an emphasis on digital audio file distribution.
