Thursday, May 12, 2005


Of course, it's written by the Associated Press for them, but Yahoo Music News' coverage of the launch of Yahoo's music subscription service doesn't feel very arm's length:

Yahoo Inc. (Nasdaq:YHOO - news)'s steeply discounted foray into online music subscriptions struck a sour note Wednesday with the shareholders of Napster Inc. and RealNetworks Inc. — the owners of the rival services that stand to lose the most from the new competitive threat. [...] Yahoo's entrance into music downloading business even hurt Apple Computer Inc., which runs the dominant online music store with more than 400 million songs sold since it opened two years ago.

And on it goes, predicting great things and suggesting that Yahoo's entry will lead Apple to introduce a song-renting service of its own.

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