Thursday, January 24, 2008

More on Yahoo

This morning, the Associated Press released a story on Yahoo that continues where I dropped off last night:

Yahoo Inc., is in early discussions with major record labels over offering unprotected MP3s either for sale or for free as part of an ad-supported service, two record company executives familiar with the talks said Wednesday. . .

Unlike music files that come with copy protections embedded, MP3 files are compatible with most portable music devices, including Apple Inc.'s market-leading iPod media players, Microsoft Corp.'s Zune and mobile phones that play music.

The company's management said last fall it had begun to de-emphasize its subscription model in favor of an advertising-supported music service. Yahoo also expanded it online music pages by adding song lyrics.

The Internet pioneer recently announced plans for a multiyear restructuring plan that calls for the elimination of some of its existing areas of business.

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