 Yahoo! hands "Music Unlimited" reins over to Rhapsody ·Feb 4, 11:48 AM From USA Today: Yahoo is selling its digital music subscription service to Rhapsody America — a partnership of Real Networks and MTV Networks — as it revamps its music strategy. Yahoo Music will continue to offer music videos, Internet radio and music downloads. But customers of its monthly Yahoo Music Unlimited service will be migrated to Rhapsody. No firm timetable has been set. Yahoo, which expects the deal to close by the middle of year, did not disclose terms. Yahoo’s music.yahoo.com is the most-visited online music site with 20 million monthly visitors… But the Music Unlimited service has only about 400,000 customers, says Phil Leigh, an analyst at Inside Digital Media. Yahoo decided to sell the music subscription service because “we made a strategic decision to focus on the mass audience,” says Yahoo senior vice president Scott Moore. As part of the deal, Yahoo will promote Rhapsody on music.yahoo.com. Yahoo Music Unlimited offered discounted subscription rates with a one-year commitment; subscribers now will pay the Rhapsody rate of $12.99 a month for a Web-only plan or $14.99 monthly for a plan that lets them download songs to a media Read the entire story from USA Today. share: del.icio.us.  Reddit  Digg  Yahoo  Wink  Windows  Google  Newsvine 
CommentCommenting is closed for this article.  Other stories RAIN has upgraded (and moved)! RAIN 9/13: RAIN Summit Chicago takes place today! RAIN 9/12: First Summit in RAIN's hometown takes place tomorrow RAIN 9/9: Summer holidays, "doldrums" impact July Webcast Metrics, but audience up over last year RAIN 9/8: Clear Channel launches new customizable iHeartRadio beta; RAIN goes hands-on RAIN 9/7: Meet more speakers you'll hear at RAIN Summit Chicago in less than a week RAIN 9/6: Clear Channel taps The Echo Nest to take on Pandora RAIN 9/2: RAIN reviews Spotify's radio-like product Artist Radio RAIN 9/1: UK online radio aggregator Radioplayer campaigns b'dcasters to create "all radio" ratings RAIN 8/31: Execs from Merlin, Triton Digital, jacAPPS and more to appear at RAIN Summit Chicago |
device… Subscription services from Yahoo, Rhapsody, Microsoft and others let you download songs to a variety of portable devices as long as you keep paying a monthly fee. But the services were not compatible with Apple’s market-leading iPod.
