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Napster founders to start Airtime

Napster founders to start Airtime

The two founders of the original Napster music-sharing service are teaming up for another start-up.

Shawn Fanning and Sean Parker have teamed up again to raise money to get a venture called Airtime off the ground.

The pair first got to know each other while creating and running peer-to-peer music pioneer Napster.

Details are scant but Airtime is reported to be a random video-chatting service akin to Chatroulette but that has a social network attached.

The pair have raised $8m (£5m) to get the service started. Investors include movie star Ashton Kutcher, Justin Bieber’s agent Scott Braun and musician will.i.am. Airtime is expected to launch by the end of 2011.

Read More/Source: BBC News

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