2005-05-11

MusicNet to Support Newly Announced Yahoo Music Subscription Service

MusicNet to Support Newly Announced Yahoo Music Subscription Service

MusicNet is going to run the new Yahoo music service.

My question - what happened to MusicMatch, which Yahoo bought?

Ah. The Wall Street Journal says:
The move underscores Yahoo's push to step up its game in music. Yahoo last year spent $160 million to acquire Musicmatch Inc., which offers song and album downloads and a nonportable subscription service. Yahoo today lowered the price of Musicmatch's subscription service to match its new offering and says it plans to merge the two services by an unspecified date. But it hasn't entirely been smooth sailing. Yahoo had originally planned to introduce its new service by March; the company says it ran into complications making sure the service would work with a variety of MP3 players.

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