Yahoo! will cease operating its online music subscription service and switch its customers to RealNetworks Inc.'s Rhapsody music service. This new deal (purchase) between the companies (by Rhapsody) calls for Yahoo to promote Rhapsody on its site. According to Yahoo reps, this move will allow for Yahoo to focus more on free and ad-supported music.
Under the Yahoo-RealNetworks partnership (buy-out), subscribers to Yahoo Music Unlimited will be shifted to the Rhapsody service sometime in the first half of this year. Yahoo subscribers' music library and payment plans will remain the same for a limited time after the switch, but those wishing to remain on Rhapsody eventually will be required to sign up at Rhapsody's rates, which conveniently are more expensive. A yearly subscription to the current Yahoo model runs users $5.99 per month. Rhapsody memberships are $12.99 per month. Read the article here. Warning: It's pretty boring.
YahoooOOOOOoooo!
Josh
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