Yahoo To Add Competition To Digital Music Industry
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Yahoo getting into the music scene? Aren’t they a little late? With iTunes continuing to own the market as a whole, will Yahoo’s desire to move into Apple’s domain be met with much resistance?
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.”
