Is Napster co-founder (and Facebook billionaire) Sean Parker about to make a bid for

He co-founded Napster, an online music sharing service that unarguably contributed to the steep decline of mainstream record labels.

But now digital entrepreneur, Sean Parker, is rumoured to be part of a consortium of investors making a bid for Warner Music.

The irony of such a bid will not be lost on the music industry or Parker himself - Warner was part of the consortium that sued Napster into bankruptcy.


More...