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Yahoo To Add Competition to Digital Music Industry

Yahoo will soon launch a digital store and music player, to compete with Apple's iTunes.

According to a CNET article, Yahoo has been working with MusicNet on the project since before it bought Musicmatch for $160 million.

The service was apparently supposed to get off of the ground this week, but was delayed.

An article by Tim Beyers at Fool.com article says:

"The delay may be disappointing to some waiting for a viable challenger to iTunes. But let's be honest, Fools. Even if Yahoo! were to delay six months and create a perfectly seamless listening experience, the so-called Yahoo! Music store is unlikely to do anything to slow iTunes' march. And that's because of the crushing popularity of the iPod."

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News Tags: Yahoo, Digital, Music, competition
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WebProNews | Breaking eBusiness News Your source for investigative ebusiness reporting and breaking news.

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