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Yahoo to launch new flagship music service |
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Wednesday, 11 May 2005 |
Yahoo to launch new flagship music service
ZDNet
Yahoo plans to launch an early version of a new flagship music service this
week, in hopes of capturing some of the online music momentum now held by Apple
Computer, sources familiar with the plans say.
The service, which sources say is expected to be released Wednesday, is built in
large part around a monthly subscription plan similar to those now offered by
Napster and RealNetworks, allowing customers to download music onto their
portable devices.
But Yahoo also has spent considerable time building links to its other products,
such as the company's popular instant messaging application, with the aim of
making community and legal music-sharing among subscribers a core part of the
service.
Record label executives who have seen the service, which is in part based on
wholesaler MusicNet's technology, say the community aspect in particular shows a
promising evolution for the online music business.
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