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        20050512   

Michael considered fate at 18:40   |   Permalink   |   Post a Comment
Because I pretend to try to keep this site up to date with the online music industry news, I should report that Yahoo has announced it's new online music store:
Its price is $6.99 a month, or just $4.99 a month for those who sign up for a year.

For that price, users can transfer songs to other portable devices.

RealNetworks and Napster sell their comparable services for $14.99 a month, or $9.99 without the device-transfer capability.

Still, Apple is the online music conductor ... It sells songs for 99 cents per download.
This doesn't come as a real big shock as Yahoo has been running around buying up companies like MusicMatch and Launch.com (remember those annoying monthly CDs?). Will it work? This is an interesting question but it's worth noting that Yahoo fills it's wallet mostly through advertising. The music portion of the biz only needs to barely maintain itself in order to provide yet more advertising space to the internet giant.


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