IndustryReport: Yahoo Music Service Coming Later This Year

Report: Yahoo Music Service Coming Later This Year

Yahoo to launch its own music player
Source: ZDNet

>From the article, “…Yahoo is planning to launch its own online music service later this year, despite its US$160 million purchase of Musicmatch announced last week, according to music industry sources…Yahoo is developing its own music player software, backed by MusicNet-provided downloads and subscriptions, that it plans to run alongside the recently purchased Musicmatch. The double-barreled strategy could help shoot Yahoo to the top of the music service business, but does have its risks. Yahoo still plans to launch that home-built package by the fourth quarter of this year, despite its recent purchase of Musicmatch, those sources said.”

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