SAN FRANCISCO Napster assets sold

The new owner of Napster isn't talking about plans.
SAN FRANCISCO (AP) -- Software maker Roxio bought the remaining intellectual property assets of the now-defunct song-swap company Napster for just over $5 million in cash.
The deal went through immediately after a Delaware bankruptcy court's approval Wednesday.
Santa Clara-based Roxio, which specializes in CD-burning software, snapped up Napster's patents and brand name for the cash, plus $300,000 in warrants for shares of Roxio common stock.
Roxio officials haven't announced what they'll do with the file-sharing company's leftovers, though earlier this month chief executive Chris Gorog said Napster's intellectual property "will expand our role in the digital media landscape and enhance our offerings to consumers."
Not assuming liabilities
Roxio is not assuming any of Napster's liabilities. And Napster's remaining hardware will be auctioned off Dec. 11.
College student Shawn Fanning launched the service as a way to connect like-minded music fans so they could share songs for free over the Internet. The music industry saw Napster as theft and convinced a federal court judge to force the service offline.
If Roxio tries to relaunch Napster as a way for consumers to download songs and other multimedia content, the Santa Clara company will need to ink deals with all the major record labels and Hollywood studios, according to Phil Leigh, an analyst for Raymond James & amp; Associates.