Rhapsody Takes Over Yahoo’s On-Demand Music

by admin February 6, 2008 at 2:17 pm

Yahoo’s change in music offerings comes as Microsoft tries to acquire the company for $44.6 billion.

Yahoo (NSDQ: YHOO)’s on-demand music service will be managed by Rhapsody, the company said this week.

Yahoo Music general manager Ian C. Rogers announced the Yahoo Music Unlimited partnership through his blog on Monday.

Rogers said the music service took resources away from other objectives. That includes music.yahoo.com, the company’s music video site, and Launchcast Radio, which allows users to create their own “stations.”

Full article: informationweek.com