It’s 2000, and the record industry is just waking up to a major threat to its business model: an online file-sharing system created by a 17-year-old kid from Massachusetts. With Napster — so called after the nickname its founder earned on the basketball court — users can download music for free. Why would anyone pay 18 or 20 bucks for a CD ever again?   Musicians like the Offspring greet the technology with open arms. Some bands see Napster as a way to make more money on each song while breaking the control of the record labels over their music. But not so fast. The record industry isn’t just going to give up its $15 billion in annual profits. And the music execs are convinced: the courts will be on their side. Support us by supporting our sponsors! ZipRecruiter - Using ZipRecruiter to find your next great hire is smart. Go to ZipRecruiter.com/BW See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Napster co-founders Shawn Fanning and Sean Parker finally get to Silicon Valley, where their dream for music sharing is supposed to take off.  When word gets out about what Napster is doing, software programmers are literally banging on the doors, begging to work for Napster for free. Their idea is solid, but the finances are weak. It’s time to incorporate and find investors. Shawn turns to draw up papers. To Shawn’s shock, his uncle takes 70 percent of the company for the effort. And, as it turns out, it costs a lot of money to bring the world free music. Support this show by supporting our sponsors! David loves Lantana Hummus and so can you! Go to LantanaFoods.com and find Lantana Hummus at your local grocery store. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.