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Salon: Napster at law [Q&A w/new CEO Hank Barry]

May 31, 2000, 00:25 (0 Talkback[s])
(Other stories by Damien Cave)

"Attorney-turned-interim CEO Hank Barry promises to make money, not war, for the beleaguered music-swapping service."

"For Napster, things are happening on true Internet time. It was less than a month ago that I interviewed then CEO Eileen Richardson, as the little company with a huge fan base faced several high-profile lawsuits and the challenge of surviving on a shoestring budget. But just like that, Napster suddenly has $15 million in its back pocket, and a new CEO who's not only determined to make the service profitable but appears ready to use his prestigious legal background to befriend the recording industry, not fight it."

"[Q:] What, if anything, are you going to do differently?

[A:] In terms of big differences, I want to build a bridge over to the record companies and to all the other constituencies to see if we can find a way to all work together. ... I'm going to focus most of my time and energies on making sure we have a model that works. We're also facing a lawsuit where we've got the largest law firms in the United States lined up against us, and we need to respond to that."

"[Q:] As long as you've brought up the business plan, what exactly is it?

[A:] Well, most businesses that are successful have revenues. So we need to have revenues."

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