Yahoo ends music subscription plan
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Yahoo is dropping its  subscription music service and replacing it with Rhapsody  America, a competing service operated by RealNetworks and MTV  Networks.
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Not to be outdone in the digital download race by the likes of Microsoft, Apple and Real Networks, Yahoo have firmly stated their intentions by acquiring Musicmatch.
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(InfoWorld) - Virgin Group Ltd. will shut down its online music subscription and download service in the U.S. and U.K. next month, leaving one less competitor for Apple Inc.'s iTunes Music Store. In the U.K., Virgin Digital stopped selling tracks last Friday, and is no longer accepting new customers. As of Friday, only existing customers will be able to access the service, and the site will shut down for good on Oct. 19. The U.K. version of the site said users with more than one month of outstanding subscriptions will get a refund, but unused credits for song downloads should be used and won't be refunded. U.S. users of Virgin Digital will be able to use their credit on Napster LLC's music download service. The pending demise of Virgin Digital marks another casualty among online music stores, which have generally received lukewarm reception from consumers with the exception of Apple's market-leading iTunes service. Since Virgin Digital used digital rights management (DRM) technology from Microsoft Corp. to manage how songs could be played and transferred to portable devices, the service was not compatible with Apple's iPod line, which uses different DRM technology and file format. The Virgin Digital service allows customers to download tracks up to four more times to replace lost or damaged copies. Since that option will no longer be available when the store closes, the company advised customers who purchased tracks to back them up by burning the songs to a CD . Burning the tracks will let those customers re-import the tracks to the computer as MP3 files. Virgin also offered a subscription service that let people access an entire catalog of songs as long as they continued to pay the monthly fees. Those songs, which used Microsoft's DRM, would be unplayable if the person's subscription expired. Once the club closes, subscribers will also lose access to those songs. As part of the terms of subscription service, users were not allowed to burn those songs to CD. Virgin Digital officials could not immediately be reached for comment on the service's closure. The Virgin Digital store is not the only one to fold in the face of competition from Apple's iTunes -- or from illegal downloads. Last month, MTV Networks, which is owned by Viacom Inc., said it would merge its Urge music service with RealNetworks Inc.'s Rhapsody service. Urge, which was a partnership between MTV and Microsoft launched in May 2006 that failed to effectively compete with iTunes. Â
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InfoWorld - Virgin Group will shut down its online music subscription and download service in the United States and the United Kingdom next month, leaving one&#160;fewer competitor for Apple&#39;s iTunes Music Store.
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SAN FRANCISCO - Yahoo just bought the most expensive jukebox ever. But the price was anything but a few quarters. Yahoo bought online jukebox provider Musicmatch.
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Yahoo Inc. is buying online jukebox provider Musicmatch Inc. for $160 million in a deal designed to broaden the Internet giant&#39;s appeal with the growing audience of consumers who buy songs off the Web.
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Yahoo Inc. in November will close PayDirect, its online payments service that aimed to compete with eBay Inc.&#39;s PayPal, the company said on Friday.
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Yahoo buys the online jukebox provider MusicMatch to tap into the appetite for song downloads.
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The Japanese website Yahoo Music said Thursday that it had tied up with Apple&#39;s iTunes music store to allow iPod users to download songs and other content.
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Yahoo Inc. (YHOO) is buying online jukebox provider Musicmatch Inc. for $160 million in a deal designed to broaden the Internet giant's appeal with the growing audience of consumers who buy songs off the Web.
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Yahoo Inc. on Tuesday said it has agreed to acquire Musicmatch Inc. for about $160 million in cash, marking the portal&#39;s first major push into the crowded online music market.
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Get on your feet... Yahoo! is taking some time out from worrying about what it's like to be a Microsoft tentacle to offload its damp squib music subscription service.â¦
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Later this year, portable music subscription services will offer to fill your MP3 player with tunes for a monthly fee. Here's a preview of one of the first.
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Internet portal Yahoo is looking to boost its music offerings with the purchase of Musicmatch for 160 million dollars. The all-cash deal is intended to give Yahoo increased
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Yahoo Inc. said on Tuesday it will buy music software company Musicmatch Inc. for about &#36;160 million in cash, bolstering Yahoo's offering as online music providers prepare to go head-to-head in the download market.
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Blog: Yahoo Finance general manager leaves
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Sony BMG Music Entertainment will become the last of the big four majors to drop copy protection software on music downloads.