![](https://scholarblogs.emory.edu/gbsl/files/2017/06/napster_napster_streaming_service_702027_g2.jpg)
This Day in Business History: Napster Initiates Ripple of Disruption in the Music Industry
June 1, 1999: The world’s first peer-to-peer music sharing site, Napster, launched on this date. Before Napster, music lovers were limited to purchasing music as hard copies on CDs, vinyl, or cassettes. Napster enabled users to share music files in MP3 format, initiating a massive disruption in the music industry. Within just a year of Read More …