Wednesday, March 04, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
IBM Buys AlchemyAPI
New Toshiba Smartwatch Reference Model features Bluetooth connectivity and Qi Wireless Charging
Samsung Expands Digital Display Portfolio with YESCO Electronics Acquisition
LG To Launch New Flagship Smartphone
Valve Reveals Steam Link Box For Steam In-home Game Streaming
NVIDIA Launches Shield Android Console That Streams PC Games from the Cloud
Sony's Project Morpheus Upgraded, Coming in 2016
Google Says Android Lollipop Does Not Encrypt Data Due To Performance Issues
Active Discussions
Need serious help!!!!
burning
nvidia 6200 review
Hello
Burning Multimedia in track 0
I'm lazy. Please help.
sanyo e6 camera
need help on some cd burning...
 Home > News > Consumer Electronics > Yahoo o...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, August 18, 2005
Yahoo offers 1 Million Songs for 5 US Dollars per Month


For yearly subscriptions the cost will be US$4.99 per month, for monthly subscriptions $6.99.

Yahoo is sticking with plans to price the new music-subscription service at US$4.99 per month for yearly subscriptions or $6.99 for monthly subscriptions, making the new service competitive with offerings from Napster and RealNetworks.

Internet portal Yahoo on Thursday officially announced a music-subscription service for consumers in the U.S. A multimedia advertising campaign promoting Yahoo Music Unlimited will kick off Aug. 28.

Yahoo is sticking with plans to price the service at US$4.99 per month for yearly subscriptions or $6.99 for monthly subscriptions, making the new service competitive with similar offerings from Napster and RealNetworks .

Subscribers to the new service will be able to select from a catalog of more than one million songs, according to Yahoo. The service also will let users transfer music to portable devices and exchange tunes via Yahoo's messaging application.

Getting Word Out
Until today, Yahoo largely has relied on word of mouth to gain subscribers to its newest services, but the Internet portal plans a mix of traditional and nontraditional advertising to increase use of the new music service.

The advertising tagline "Over a Million Songs -- 5 Bucks a Month -- This is Huge" will help promote the new offering as the lowest-priced music service on the Net.

Yahoo also plans to use audio-equipped Segway vehicles to get the message out to South Beach and Miami Beach consumers in Florida.

Finally, Yahoo plans to create an online "Music Penthouse" in which partygoers can create personal playlists and share songs using the company's music service.

'Not About Competition'
Will today's move to offer a low-cost service give Yahoo an advantage over competing options, like Apple's iTunes?

"It's not about competition yet, it's about growing the market," said Jupiter Research analyst David Card, who noted that sales of digital music currently amount to $150 million in the U.S. annually compared to $11 billion for CD sales.

While Yahoo is emphasizing the $5-per-month rate, Card believes that price is not sustainable. He suggested that Yahoo will lose money on the service at that rate.

Analysts are watching online music heavyweight Apple for signs the company will enter the music-subscription fray. Apple's iTunes service is meant to sell iPods, said Card, who predicted that until the iPod sales are threatened, Apple does not need to offer subscriptions.

Apple CEO Steve Jobs often has said that people want to own their music, not rent it.

We must add, users want cheap music, irrespective of how they can obtain it!



Source: [TopTechNews]


Previous
Next
ECMA-363 Extends the Life of 3D Data        All News        CyberLink Launches MPEG-2 Software Encoder Plug-in
Sony Introduces a Line of Flash-Based Walman's     Consumer Electronics News      Sony presents 50 and 60-inch Grand Wega Televisions

Get RSS feed Easy Print E-Mail this Message

Related News
Yahoo Gains Search Share
Yahoo Announces New Mobile Developer Suite
Yahoo To Spin-Off Remaining Stake in Alibaba Group
Yahoo Almost Reaches Bing In US Search Share
Ebola, Frozen and Ariana Grande Top Yahoo's Most-Searched
Yahoo to Buy BrightRoll
Yahoo Reports High Revenue and Profit
Will Revamped Tumblr Compete With Youtube?
Yahoo To Shutter More Products, Responds To Proxy Battle
Yahoo, Google To Encrypt Web Mail
Yahoo, ComScore To Jointly Offer Online ad Measurements
Yahoo to Buy Flurry to Strengthen Mobile Products

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .