Sean Parker has been an enemy of the music industry in the past, but now he could be the owner of part of one of the four major labels.

Sean Parker has been an enemy of the music industry in the past, but soon he could own part of one of the four major labels.

According to a report from All Things D's Peter Kafka, Parker is considering signing on with a group that is putting a bid on Warner Music Group, which is currently looking for a buyer.

Kafka said Parker hasn't formally signed on to a bid, but he's associated with a group led by investors Ron Burkle and Doug Teitelbaum. However, there are also five other investment groups bidding on Warner, so Parker's deal might not happen.

In 1999, Parker helped found Napster, the free music downloading service that was once the thorn in the music industry's side. He's also made billions as a vice president of Facebook. Forbes says 31-year-old Parker is worth $1.6 billion, a fortune that he has used to invest in a number of tech startups.

Most recently, Parker has invested in Spotify, the free music streaming service that hasn't made it to the U.S. yet. For now, it's only available in Sweden, Norway, Finland, the U.K., France, Spain, and the Netherlands. However, it's growing in its existing market. The company announced this week that it has .

Although Spotify has licensing deals with all the major European music companies, it has struggled to secure agreements in the States. Last month, the London-based startup secured a U.S. distribution deal with Sony, and sources at Reuters confirm that there's a deal with EMI in the works. Whether or not Spotify will land Warner Music Group before launch remains unclear.

Kafka said Parker might be interested in Warner Music Group to finally get the Spotify deal taken care of. However, what will happen with Warner, at this point, is speculation.