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After all these years, Napster is apparently worth $207 million. That’s how much artificial intelligence and extended reality company Infinite Reality purchased the former file-sharing service for on Tuesday. Under its new ownership, Infinite Reality said Napster will become a virtual concert venue that sells physical and virtual merchandise to musicians’ super fans and is capable of hosting social listening parties and gamifying fan engagement and loyalty. “By acquiring Napster, were paving a path to a brighter future for artists, fans, and the music industry at large,” Infinite Reality CEO John Acunto said in a statement. “This strategic move aligns with Infinite Realitys vision to lead an internet industry shift from a flat 2D clickable web to a 3D conversational onegiving all creators modern tools to better engage, monetize, and measure their audiences.” [Image: Infinite Reality] Napster on repeat The bet is the Napster brand has some life left in it still, but the new owners face a challenge. The recent history of Napster shows it’s hard to buy an old brand for parts and transfer its nostalgic goodwill to a new but related service. When Napster operated in its original form from 1999 to 2001, it was a peer-to-peer platform that offered users free, though illegal, access to music online (not to mention computer viruses). It served as a precursor and catalyst for the music industry’s switch from physical music formats to digital downloads and streaming, and Napster’s new owners hope it will again lead the way to a new era for popular music “Napster revolutionized digital music in the ’90s and now, with Infinite Reality, were ready to do it again,” said Jon Vlassopulos, Napster’s CEO and the former global head of music at Roblox. “The internet has evolved from desktop to mobile, from mobile to social, and now we are entering the immersive era. Yet, music streaming has remained largely the same. Its time to reimagine whats possible.” The plans for the reimagined Napster mirror those of other companies seeking to bridge music, VR, and super fans. Meta has hosted virtual concerts by artists including Charli XCX and Sabrina Carpenter, Fortnite has sold special-edition skins, or virtual outfits, that match what artists like Ariana Grande and Travis Scott wore during their in-game concerts, and Spotify is considering a “Super-Premium” subscription tier for fans to pay for access to perks like early releases and exclusive deluxe editions of albums. If Infinite Reality has its way, the new Napster could be all of that and more, save for two big problems. The metaverse turned out to be a failure, and many before have tried and failed to attach the Napster name to a new music-based service. Zombie branding at its finest Functionally, Napster has become a music streaming platform, though far less popular than category leaders like Spotify and Apple Music. Napster’s assets have been previously owned by companies that tried merging it with the online music services Pressplay and later Rhapsody, and it was even owned by Best Buy from 2008 to 2011. Since 2020, Napster has changed hands between the virtual reality concert app MelodyVR to an investment group that bought it in 2022 and said it would “revolutionize the music industry by bringing blockchain and Web3 to artists and fans,” to its current owner today. Other turn-of-the-century tech brands have similarly bounced around owners and pivoted to new technologies, like the peer-to-peer file-sharing service LimeWire, which got into AI music generation. MySpace morphed from an early social network to a music-focused site once owned by Fox News parent company News Corporation. For its part, Napster is a zombie brand that’s still widely recognized but worth far less than during its Y2K-era heyday, and it’s seemingly resistant to being repurposed. Music is so tied to youth cultureand today’s youngest listeners are too young to even remember Napster. Plus, its recent history has shown you can’t just buy its brand assets and wear them like a skin. Napster once revolutionized music and technology, but whether its brand name and assets alone can still inspire that same sense of being on popular music’s cutting edge a quarter of a century later seems unlikely.
Category:
E-Commerce
A child-size table and small chairs make up the centerpiece of a playroom. It’s where children do crafts, host tea parties for their dolls, play hide-and-seek, and build forts. So it makes sense that people buy a lot of them: By 2030, Americans will spend an estimated $12 billion on play tables. [Photo: Bauen] The market is flooded with sets, ranging from inexpensive ones like Ikeas $50 version to more design-forward varieties like Lalos $300 set. Still, husband-and-wife entrepreneurs Lynn and Cassidy Rouse believe theres room in the market for a better-designed version. More specifically, they wanted to create a set that was indestructible, easy to assemble, usable indoors and outdoors, and even portable. And they wanted to create chairs that were almost impossible to tip over. The Rouseswho have two young childrenspent two years designing a play table and chairs, exploring hundreds of prototypes and materials, until they arrived at their final design: a whimsical-looking set made from recyclable plastic. The product has already won an iF Design Award. This week, theyre launching a $649 play table and chair set through their new brand, Bauen. Over time, they expect to redesign other children’s furniture. A Packed Market Child-size furniture has been around since the 18th century, when well-to-do families wanted to give their children opportunities to play and develop. Today such items are a staple of childhood. But when the Rouses scoured the market for a play table for their kids, they found most options lacking. Thanks to the rise of cheap, mass-produced furniture, you can find many affordable options from Target, Walmart, and Amazon. The problem is that most of them are made of inexpensive materials that break easily. When we spoke to experienced parents, they said that they had gone through several sets of play tables, Cassidy says. It’s become a norm to get an inexpensive play set and expect to throw it out after a few years. If you have a second child, you just buy a whole new set. [Image: Bauen] Outdoor play sets are slightly more durable, since they are made using heavy-duty plastic, but they’re often designed like picnic tables, and don’t look good indoors. So you end up buying two setsone for indoors, and another for outdoors, he says. Today, thanks to improved child-safety laws, companies need to follow regulations when designing furniture for kids. After receiving reports of injuries, the U.S. Consumer Product Safety Commission established a rule that chairs marketed for children younger than 5 must go through a stability test issued by a third-party testing agency. The test involves putting the chair at an incline to show that it will not easily tip over if the child sits too far back or leans to one side. But in focus groups, the Rouses heard parents say their kids frequently tipped over in play chairs, partly because often they often sit quietly at the table, instead playing vigorously and leaning backward at an unsafe angle. We didn’t think the standard accommodated the way children actually interact with this furniture, Lynn says. [Image: Bauen] Redesigning a Classic So they set out to create a better product, starting by designing a chair that is more tip-resistant than others on the market. When you first see the chairs, their proportions look a little comical. They have a very wide seat, a very short 8-inch back, and thick legs (a now patent-pending design). All of this creates a low center of gravity, which makes them harder to tip over. Most children’s chairs are designed like smaller versions of adult chairs, Cassidy says. But we had a breakthrough when we realized that toddlers don’t need a large, supportive back; their bodies are often leaning forward to see what is in front of them. By creating a wide seat and a low back, the chair is much more stable. [Image: Bauen] Rethinking the chairs led the Rouses to rethink almost every aspect of the set’s design. They wondered whether it was possible to create furniture that would look good indoors but also be practical outdoors. They ended up using polyethylene, a type of durable plastic thats often used to construct outdoor furniture. They sourced it from a company whose products are deemed toxin-free by the EU, which has higher product safety standards than the U.S. [Image: Bauen] Despite being plastic, the set doesn’t look like a traditional picnic table and chairs meant for the backyard. The furniture has interesting curves. Depending on how it’s styled, it can look fun and cartoony in a kid’s bedroom, or sleek in a modern home. But when the sun comes out, you can easily carry the set out to a deck or garden, so kids can eat and play outside. After trying out many other products on the market, the Rouses discovered things they disliked and avoided them in their own design. For instance, they didn’t like the way liquid would spill right off tables, so they designed raised edges so spills would stay contained. Lynn found it annoying that many chairs were not large enough for adults to sit on. We wanted it to fit an adult bottom, she says. That way you can sit with your child at the table. But you can also bring it to the bathroom and sit on it while giving your kid a bath. [Image: Bauen] Finally, they wanted to make the set easy to assemble. The chairs don’t require any assembly. For the table, you only have to attach the legs. It doesn’t require any tools, and it takes less than two minutes. Importantly, the table is designed to be disassembled easily so you can store it and transport it. You might want to bring it on holiday with you, Lynn says. The Bauen set is certainly thoughtfully designed, but its also much more expensive than other kids furniture on the market. At $649, it is more than double the cost of the Lalo set, which is already considered expensive. The table will likely be appealing to affluent, design-conscious parents. But the Rouses are also trying to make the case that their product is much more durable than others on the market, so its a good value for money.
Category:
E-Commerce
We live in an era of rapid technological change, where the rise of AI presents both opportunities and risks. While AI can drive efficiency and innovation, it also increases the temptation for leaders to prioritize short-term gainsautomating decisions for immediate profit, optimizing for productivity at the cost of employee well-being, and sidelining long-term sustainability. Organizations that focus solely on AI-driven efficiency risk creating burnt out workforces, extractive systems, and fragile organizations that cannot withstand economic, social, or environmental disruptions. To build resilient organizations that can weather the future, leaders must embrace regenerative leadership. This requires shifting from exploitative business models that prioritize efficiency to people-centered leadership that actively seeks to restore and enhance resources, whether human, environmental, or technological. Regenerative leaders recognize that AI should augment human potential, not replace or exploit it. They create strategies that use AI to enhance long-term human, business, and environmental well-being rather than diminishing them. The key principles of regenerative leadership A regenerative leader creates sustainable systems. Unlike traditional leadership, which focuses on efficiency, profit, and centralized control, regenerative leadership nurtures ecosystems. Here are the key principles a regenerative leader follows: Systems Thinking: Sees organizations and ecosystems as interconnected, ensuring decisions benefit the whole rather than just isolated parts. Living Systems Approach: Draws inspiration from natures regenerative cycles to create adaptive, self-renewing teams and businesses. A self-renewing team is one that continuously learns and evolves. Purpose-Driven Leadership: Aligns business and leadership goals with meaningful long-term impact. Human Well-being: Prioritizes employee and stakeholder well-being including creating psychological safety and a collaborative environment. Resilience & Adaptability: Leads with agility in uncertain times, designing organizations that can thrive in change. Regenerative Value Creation: Moves beyond extraction of resources, talent, and energy to creating lasting value for people, communities, and nature. Collaborative & Decentralized Power: Encourages participatory leadership, where teams self-organize and contribute to a larger mission. Regenerative leadership in action Heres how different companies have implemented regenerative leadership: Business Strategy: Companies like Patagonia and Interface have pioneered sustainable business practices that go beyond carbon neutrality and actively regenerate ecosystems. Both companies saw improved brand loyalty, cost savings, and competitive advantage from these efforts. Patagonias ethical stance boosted sales, making it one of the most trusted brands globally, while Interfaces sustainable innovations led to higher efficiency, lower production costs, and increased demand for eco-friendly products. Corporate Culture: Microsoft prioritizes employee well-being through flexible work policies, continuous learning programs, and mental health support. This fosters a positive work environment that enhances engagement, productivity, and ultimately long-term business success. Community Impact: The Hershey Company has made significant strides in community impact through its commitment to sustainable cocoa sourcing and education programs. These programs ensure a stable supply chain, enhance brand trust, and meet consumer demand for ethical products, driving long-term success. Developing regenerative leadership skills Regenerative leadership is not an innate talent but a skillset that can be cultivated. Here are some suggestions for becoming a more regenerative leader: 1. Expand awareness to think in systems, not silos. Regenerative leaders recognize that businesses must work in harmony with both the environment and human nature. Companies like Patagonia restore ecosystems through regenerative practices. They emphasize that great leadership works with natural flows rather than imposing rigid control. By shaping organizations that evolve organically, like ecosystems, leaders cultivate resilience, innovation, and lasting success. 2. Practice deep listening to lead with empathy. Success will start with deep listening to employees, customers, and stakeholders. The Buddhist concept of mindfulness will remind leaders to be present, ask the right questions, and cultivate trust, creating cultures where innovation thrives. 3. Embrace a growth mindset to stay adaptive. Regenerative leaders will see challenges as opportunities for reinvention. The Zen principle of Shoshin (beginners mind) will encourage curiosity, adaptability, and a culture of continuous learning, ensuring organizations do not just survive but evolve. 4. Foster collaboration and build networks, not hierarchies. The best leaders will empower teams, encourage co-creation, and shift from competition to co-elevation. By fostering inclusive, participatory decision-making, they will build self-renewing, resilient organizations. 5. Measure impact beyond profits. Success is more than profitsit includes ethical usage of technology, employee well-being, biodiversity restoration, and community impact. Regenerative leaders track holistic KPIs, driving sustainable business transformation. The future of leadership is regenerative By embracing regenerative leadership, leaders will move beyond short-term survival tactics and instead drive innovation, resilience, and long-term success while creating lasting positive impacts. This approach will become an ongoing practice of learning, adaptation, and alignment with the broader ecosystems of business, society, and technology. The choice will be clear: Leadership must not only sustain but regenerateleveraging AI and emerging technologies as forces for good.
Category:
E-Commerce
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