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Yahoo to Close Subscription Music Service

Yahoo Exits the Music Biz
Yahoo! is obviously having a tough week. First, Microsoft made a hostile bid to purchase the company; then, over the weekend, the Web pioneer announced it was closing down its popular Yahoo! Music service. Mid this year, Yahoo! Music Unlimited subscription service will officially close its doors and offer customers the opportunity to move their subscription over to Real's Rhapsody. Rhapsody struck a deal with Yahoo! that will allow Yahoo! Music customers to continue to pay, for a limited time, the $8.99 a month that Yahoo! charges, though eventually they'll hav to decide on whether to continue their subscription with Rhapsody for $12.99 a month.

Oddly enough, just as Yahoo! was announcing the closing of its music subscription service, it also announced the acquisition of FoxyTunes, an extension for Firefox that allows you to control your music library from your browser's status bar.

After jettisoning its music service, Yahoo! hasn't said anything out its plans to leverage its in-browser music player, but we're sure the company has something surprising up its sleeve.

Presumably all those Sansa Connects that work exclusively with the Yahoo! Music Service will now work with Rhapsody -- or so we hope.

From Cnet

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