|
SAN FRANCISCO (AP) - Internet powerhouse Yahoo Inc. is introducing an online music subscription service that will enable consumers to download thousands of songs onto their portable MP3 players for $60 annually, undercutting the prices of the current industry leaders by more than 60 percent.
The Sunnyvale-based company planned to unveil "Yahoo Music Unlimited" Wednesday in a direct challenge to similar subscription services offered by Real Networks Inc. and Napster Inc.
Yahoo is offering unlimited downloads from a library of 1 million songs for $6.99 per month or $60 for an annual subscription. That's a sharp discount from Los Angeles-based Napster and Seattle-based Real Networks Inc., which both charge $14.95 per month, or just under $180 annually, for similar services.
|